AML Responsibilities for Senior Managers & Boards - Governance, Accountability & Boardroom Priorities

Introduction

Senior leadership is increasingly expected to demonstrate active ownership of AML risk, including oversight of systems, resourcing and culture.

This new virtual classroom seminar clarifies governance expectations for boards and senior managers, highlights common pitfalls and provides practical steps for effective oversight and defensible decision-making.

It is ideal for board members, senior managers, MLROs, heads of compliance, in-house legal teams, risk managers and governance professionals.

What You Will Learn

This live and interactive session will cover the following:

• The governance case for AML - why leadership accountability matters
• Roles and responsibilities - board, senior management, MLRO and first line ownership
• Setting risk appetite and approving the AML risk assessment
• Oversight of controls - CDD, monitoring, sanctions screening and escalation
• Resourcing, independence and challenge - ensuring the AML function can operate effectively
• Management information (MI) - what boards should ask for and how to interpret it
• Handling incidents - escalation, remediation and regulator engagement
• Practical boardroom questions and checklists

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.