AML Enhanced Due Diligence - Know Your Obligations

Introduction

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, as amended (AML Regulations), requires relevant persons to undertake enhanced due diligence in certain circumstances.

This webinar will explore what those obligations are.

What You Will Learn

This webinar will cover the following:

• What do the AML Regulations say about enhanced due diligence and on whom should it be done?
• What is enhanced due diligence in practice (to include a thorough overview of source of funds and wealth and how it can be approached)
• What is enhanced monitoring?
• What is a high risk third country and what to do if your client is established in one?

This webinar was recorded on 8th April 2024