A webinar explaining the nature of AML risk, the risk areas you must cover and those sensible to consider.
10:00-11:00
Date: 07 March 2025
Fully compliant business and client risk assessments are a key part of your AML legal obligations; but much more importantly they are how you spot relevant risks and take steps to protect yourself, your business and your employees from criminal activity.
Richard will explain the nature of AML risk, the risk areas you must cover and those sensible to consider. He will then discuss constructing quality business-wide and client risk assessments that actually achieve the proper end goal.
Risk mitigation is a fundamental part of the process and Richard will help demystify this process. Understand how assessing risk and protecting yourself from it can become an every day process.
Richard looks forward to discussing specific queries or questions on the day.
The session will cover:
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.