AML Audits for Accountancy Firms - An Inspector’s Perspective
Working within the accountancy sector, brings its own unique challenges not least ensuring compliance with the Money Laundering Regulations and associated legislation.
It is an area of much debate and concern that if you get it wrong you may be susceptible to the money launderer, a fine from your supervisory body, reputational damage, or loss of clients.
This new virtual classroom seminar will help to address those concerns.
Aimed at owners and MLROs of accountancy and bookkeeping practices in the UK, this session will focus on the AML audit from the inspector's perspective, including, their expectations, do’s and don'ts, what the money launderer is looking for and when things go wrong.
During this session expert speaker Mike Jardine will provide invaluable insights into the audit process and the mind of the money launderer, gained from his unique position as a former law enforcement professional investigating organised crime and a former AML inspector for an accountancy professional body supervisor.
What You Will Learn
This live and interactive session will cover the following:
- Why have I been selected for an audit?
- What to do when you get the call that your firm will be audited
- An invaluable insight into what the inspector is looking for
- The culture of compliance
- Do's and don'ts
- Case study - When it all goes wrong
Quick Quiz - Test Your Knowledge: Money Laundering
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.