Money Laundering - Where are we Now

The course is designed to make delegates aware of the regulatory requirements and relevant guidance issued by the appropriate professional bodies. The course will also cover the practical application of the regime and topical issues relating to money laundering.

Please note, this course includes the requirements of the Money Laundering and Terrorist Financing (Amendment) Regulations 2019 but does not include any updates to the CCAB guidance as – at the time of writing – they have not been published.

The content will include:

• Money Laundering Regulations 2017
• The Money Laundering and Terrorist Financing (Amendment) Regulations 2019
• Any updates to the guidance or any AML related pronouncements by the main regulatory bodies
• What’s new? Changes that have occurred or are expected
• Updated information about countries with equivalent and/or weak AML regimes
• Guidance on the common problems experienced by firms when implementing AML policies and procedures

A selection of real (anonymous) queries from firms in practice (and answers) will be provided by us. These questions may relate to obtaining identification, the duty to report, the reporting exemption in privileged circumstances, tipping off and other issues.