Anti-Money Laundering-An Essential Update

Accountants have a personal and professional obligation to identify, prevent and forestall criminal proceeds passing through either their client’s firm or their own hands. The regulations have changed significantly as have the expectations of law enforcement agencies. This interactive course gives you the chance to explore what this means for you in your day-to-day practice.

WHAT WILL I GET OUT OF IT?
• review of principal changes resulting from the 3rd EU Anti-Money Laundering Directive (December 2007)
• knowledge of important changes in professional standards in the fight against money laundering, including new CCAB guidance
• understanding of current money laundering threats to the UK and the accounting profession
• increased ability to manage your personal legal liabilities under this rapidly changing area of law.

KEY FEATURES
• legislation including Proceeds of Crime Act, your legal and professional obligations and the 3rd EU Anti-Money Laundering Directive
• money laundering prevention and reporting
• systems and procedures that need to be compliant
• building effective risk-based anti-money laundering systems
• important case law.

WHO SHOULD ATTEND?
All professionals operating in the newly extended, regulated money laundering sectors, in particular senior managers, MLROs (nominated officers) and compliance officers.

LECTURER
Mark R Outhwaite, Director, Out & Out Answers Ltd