Anti-Money Laundering

Financial services firms face significant risks if they fail to address anti–money laundering (AML) issues effectively. Non–compliance with AML regulations can lead to (among other consequences) severe regulatory penalties and fines, as well as long–lasting reputational damage.

This interactive half–day training course explores all the key financial crime issues affecting firms in the finance and leasing field. The course brings a wide range of topics, including preparing Suspicious Activity Reports (SARs) and economic sanctions, to life, and will equip participants with the knowledge and skills to mitigate these risks, ensure regulatory compliance and safeguard their organisation’s operational integrity and reputation.

Through engaging case studies, drawn from real–world scenarios in the motor, consumer and asset finance space, participants will gain valuable experience in applying AML principles for the purposes of detecting and preventing financial crime. This will enhance participants’ ability to identify suspicious activity and safeguard their organisations against a diverse range of potential risks.

Target Audience
Professionals working in the financial services sector, particularly those involved in compliance, risk management, legal, audit, and operations. Additionally, individuals responsible for customer due diligence, regulatory reporting and implementing anti–money laundering policies.

Learning Objectives

Delegates will:

• define the UK Anti–Money Laundering (AML) regime and its key components, including relevant legislation and regulatory requirements;
• identify the various forms of terrorist financing and understand their implications for financial services firms;
• explain the process of Suspicious Activity Reports (SARs) and the significance of timely and accurate reporting, and look at tipping off risk;
• apply knowledge of AML and terrorist financing regulations to real–world scenarios; and
• recognise and assess potential AML risks and apply appropriate mitigation strategies.