AML Supervision - Key Areas of Focus Across the Regulated Sector

Introduction

Money laundering, terrorist financing and wider financial crime compliance continue to be a key focus of government and law enforcement.

Developments internationally have led to new legislation and regulators and money laundering supervisors are widening their focus beyond money laundering risk into sanctions compliance and broader economic crime concerns.

Recent regulatory penalties demonstrate that whilst an increasingly broader range of businesses are caught up by the AML regulated sector, there is a consistent focus on similar areas across all regulators and supervisors and common themes underpinning many reported prosecutions.

This new virtual classroom seminar will cover the fundamental requirements of the Money Laundering Regulations and recent developments in financial crime compliance.

Consideration will be given to the structure of money laundering regulation and supervision in the UK and the current focus of the main supervisory authorities.

It will also cover common compliance failings, recent regulatory prosecutions and what you can learn from them.

What You Will Learn

This live and interactive session will cover the following:

• Key elements of the Money Laundering Regulations 2017
• Recent legislative developments
• The major regulators and the role of OPBAS
• Risk-based supervision and the current regulatory focus
• Effective AML culture and governance
• Recent prosecutions and penalties
• Potential developments in the money laundering supervision regime

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.