Introduction
This session will explore what is a 'professional' money launderer? Whilst also better understanding harmful practices and the facilitation of these. There will be case studies used throughout the session to bring the session to life and facilitate your questions. Please be aware this is awareness training only – for specific guidance refer to your firms AML and CFT policies and procedures.
Key features
Speaker
Jo French
This session will explore what is a 'professional' money launderer? Whilst also better understanding harmful practices and the facilitation of these. There will be case studies used throughout the session to bring the session to life and facilitate your questions. Please be aware this is awareness training only – for specific guidance refer to your firms AML and CFT policies and procedures.
Key features
- A new model of money laundering
- Product and service vulnerabilities
- How to avoid being a financial mercenary
- Key emerging risks for accountants
- Fraud
- Tax
- Impact of COVID-19
- Wider risks
- PEPS and EDD
- Terrorism and Proliferation Financing
- Sanctions
- Don’t be the weakest link:
- What accountants need to know to manage their financial crime risk and exposure
- Debunking Money Laundering “Myths”
- Why you need to “Think Risk” and the Risk Based Approach
- What does your AML/CTF universe look like?
- Steps to manage the risk and avoid liability
- Consequences of failing to manage the risk.
Speaker
Jo French