Anti-Money Laundering Full Day (2 Half Day Sessions)

The legal obligations imposed on designated persons (obliged entities) continue to evolve at a rapid pace, with the 6th EU AML Directive having now passed its transposition date and a European level Action Plan to be put in place in 2021.

It is important that those entrusted with AML/CFT responsibilities have adequate and regular training to ensure knowledge is kept up to date and those new to functions have a broad understanding of the full AML/CFT regime.

With this course, we aim to give you a full breakdown of the AML/CTF and Financial Sanctions Regime in Ireland. This full day course should enable you to understand the relevant concepts, put in place a robust AML/CTF framework and highlight the potential consequences of non-compliance.

Topics Include:

• Legal and Regulatory Framework
• Money Laundering and Terrorist Financing Concepts
• Emerging Trends
• Risk Management and Assessment
• Operational Requirements as they relate to Customer Due Diligence
• Ongoing Monitoring
• Sanctions Screening
• Training Requirements
• Record Keeping
• Suspicious Activity/Transaction Reporting
• Enforcement
• Future Developments

Suitable for:

This module is suitable for all Staff and Management with AML/CTF responsibilities in obliged entities/designated persons including credit and financial institutions, credit unions, money lenders, insurance undertakings and intermediaries, fund managers and administrators, trust or company service providers, estate agents, legal professionals.

CPD:

Institute of Bankers: 4 formal hours (CPD, QFA, RS CPD Member, LCOI)

Institute of Insurance: 4 formal hours (MCC Categories 1-8)

A CPD Certificate will be issued along with a PDF version of the training materials upon course completion

Cost: €495 per person

For further information, please contact us:

info@regsol.ie

+353 (0)1 539 4884

Full Training Timetable can be seen HERE