AML, Anti-Bribery & Corruption - A Guide to Compliance
There can be no doubt that financial crime is a growth area. The regulatory authorities have increased their focus on pursuing offenders and new offences are being enacted to tackle financial crime.
Anti-Bribery and Corruption (ABC) and Anti-Money Laundering (AML) are two key areas of focus for the authorities. The authorities are focusing their attention not only on the 'primary' offenders but also on organisations and professionals that fail to take steps to address the risk of a breach. It is therefore vital that professional advisers have an understanding of the application of the key ABC and AML legislation and an appreciation of how the authorities will investigate suspected offences.
This course aims to increase your knowledge and awareness in this key area.
What You Will Learn
This course will cover the following:
Anti-Bribery and Corruption
- A summary of the key provisions in the Bribery Act 2010
- The section 7 'corporate offence'
- The penalties that can be imposed in the event of a breach
- Compliance steps that can be taken to avoid investigation and prosecution
- The self-reporting regime in Scotland and engagement with the Serious and Organised Crime Division
- Recent examples of ABC in practice
- The legislative background, including recent changes
- The importance of customer due diligence (CDD)
- The application of enhanced CDD
- The role of the MLRO
- Engagement with the NCA and the 'tipping off' offence
- Recent examples of AML in practice
Quick Quiz - Test Your Knowledge: Money Laundering
9:30am - 5:15pm
Please let us know if you wish to be notified when new dates are added for this programme