Effective AML Policies: What You Need & Why

Content

Attendees will gain a full understanding of how to create effective Policies, Controls and Procedures (PCPs) and why this is so important. They will also be aware of updates in the AML regulatory regime.

Richard will cover:

• What is the purpose of the PCPs?​
• How to correctly use the information from your business-wide risk assessment
• How to add relevant and focused content to my PCPs
• Important points to bear in mind​
• Highlights from the latest AIA AML annual report
• AML updates

Duration

1 Hour (1 non-verifiable CPD Unit)

Speaker

Richard Simms

Richard Simms, Managing Director of AMLCC, is both a professional regulated under the anti-money laundering regulations and a leading authority on anti-money laundering compliance, risk management and education.

Since 2007 when AML regulation for accountants was introduced in the UK, as both a chartered accountant and an insolvency practitioner, Richard has seen first-hand the challenges of implementing effective AML processes. Working with UK regulators and supervisors, Richard used his unique professional insights to create AMLCC (Anti-Money Laundering Compliance Company Limited) in 2008 to make AML easier for regulated businesses worldwide.