Consisting of the UK’s leading Trade Associations from across the financial services industry, the Joint Money Laundering Steering Group (JMLSG) is a private sector body that produces guidance for firms represented on JMLSG by their trade member bodies, helping them to comply with their anti-money laundering obligations, counter-terrorist financing legislation and regulations from the FCA.
The JMLSG guidance provides a base from which management can develop tailored policies and procedures that are appropriate for their business. It remains the responsibility of a firm to make its own judgment on individual cases on a risk-based approach. This is where training interventions are of utmost importance.
Firms have a legal duty to train their staff regarding the obligations set by the FCA. This workshop is intended to help firms meet this legal obligation by providing employees with an understanding of the legal framework, the specific criminal offences relating to AML and their personal responsibilities.
We will also discuss the firm’s responsibility to implement adequate systems and controls following a risk-based approach, particularly in relation to Customer Due Diligence and Know Your Customer.
This is a pre-recorded workshop.
Who should attend:
Our courses can be delivered in-house and made bespoke to your company, business model, products and language. As your learning partner, we can help you every step of the way from engaging with multiple stakeholders and carrying out a learning needs analysis to confirming desired outcomes, solution design and delivery.
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