This 1-day workshop is designed to be a comprehensive analysis of the role and responsibilities of a Money Laundering Reporting Officer. This practical one-day session delivered by Fourthline is particularly suitable for newly appointed, or aspiring, MLROs as well as Deputy MLROs and others with responsibility for their firm’s AML controls.
MLRO’s and Heads of Financial Crime are under increasing pressure to retain, maintain and enhance their skills and knowledge, whilst managing risks according to a risk-based approach. This has been highlighted further by new personal accountability regulations and SMCR. With the increased number of personal fines, it is imperative that businesses and Senior Managers stay updated with new regulations and implement the correct controls and functions to prevent a breach.
This workshop outlines the legislative framework and explores the split of responsibilities between the firm’s senior management and the MLRO. Delegates will gain an understanding of how to develop a money-laundering risk assessment as well as the practicalities of managing the firm’s suspicious activity reporting arrangements.
We'll provide an update on the FCA’s current priorities and present a detailed review of regulatory requirements, including details of the very latest from the FCA on the regulatory expectations under the Senior Manager Regime, which will provide delegates with a detailed understanding of how these laws and regulations apply to operational activity and the role and responsibilities of the MLRO and Nominated Officer.
Other key role requirements such as training and awareness responsibilities and MI (including the regulatory requirement for an annual report to senior management) will also be addressed.
Case Studies and Group Discussions throughout
Who should attend:
This course is suitable for MLROs as well as other professionals who need to review or rely on the effectiveness of the MLRO including,
Benefits of attending:
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.
0203 800 1099
Head of Learning Solutions
0203 854 0591