Anti-Money Laundering & Bribery - Essentials for the Insurance Sector

Introduction

Financial crime is under the microscope and the insurance sector is firmly in the spotlight.

With the FCA making anti-money laundering (AML) compliance a strategic priority, firms operating in this space face increasing scrutiny. The consequences of non-compliance are serious, including heavy financial penalties, business disruption, or even criminal prosecution.

This focused and practical webinar is designed to help insurance firms navigate the complex web of AML legislation and guidance. With varying services falling in and out of scope, understanding what applies and how it applies is essential to protecting your business.

This webinar is suitable for professionals in the insurance sector who want to gain expert insight and actionable advice.

What You Will Learn

This webinar will cover the following:

• Overview of the anti-money laundering regulatory framework, including the roles of the Financial Action Task Force (FATF), National Crime Agency (NCA) and the Financial Conduct Authority (FCA)
• Key money laundering offences under the Proceeds of Crime Act 2002 in relation to insurance matters
• Core requirements of the Money Laundering Regulations
• Guidance on which insurance-related activities fall within scope
• Primary compliance obligations for firms, including risk assessments, internal controls, customer due diligence (CDD), ongoing monitoring, and suspicious activity reporting
• Responsibilities of the Money Laundering Reporting Officer (MLRO) and the nominated officer
• Sector-specific guidance for insurance firms issued by the Joint Money Laundering Steering Group (JMLSG)
• FCA’s supervisory and enforcement approach, including common pitfalls to avoid

This pre-recorded webinar will be available to view from Thursday 12th March 2026

Alternatively, you can gain access to this webinar and 1,900+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.