Anti-Money Laundering / CTF

While the 5th EU AML Directive was transposed into Irish law in April 2021, we are still awaiting transposition of the revised 6th EU AML Directive and to see how the European Commission's package for change, including the establishment of AMLA, progresses. It is important that those entrusted with AML/CFT responsibilities have adequate and regular training to ensure knowledge is kept up to date and those new to functions have a broad understanding of the full AML/CFT regime.

With this course, we aim to give you a full breakdown of the AML/CTF and Financial Sanctions Regime in Ireland. This full day course should enable you to understand the relevant concepts, put in place a robust AML/CTF framework and highlight the potential consequences of non-compliance.

Topics Include:

• Legal and Regulatory Framework
• Money Laundering and Terrorist Financing Concepts
• Emerging Trends
• Risk Management and Assessment
• Operational Requirements as they relate to Customer Due Diligence
• Ongoing Monitoring
• Sanctions Screening
• Training Requirements
• Record Keeping
• Suspicious Activity/Transaction Reporting
• Enforcement
• Future Developments

Suitable for:

Staff, Management and Directors with AML/CTF responsibilities such as front line or customer service staff, MLROs, AML Officers, etc. in obliged entities/designated persons who require an in depth look at Irish AML requirements as derived from European Union Directives.

Relevant Firms:

Credit and financial institutions, credit unions, money lenders, insurance undertakings and intermediaries, investment firms (IIA and MiFID), fund managers and administrators, trust or company service providers, estate agents, legal professionals, virtual asset services providers or those working with cryptocurrencies, leasing companies, etc.

4 Formal Hours from the Institute of Insurance, Institute of Bankers and LIA

A CPD certificate will be issued upon course completion along with a PDF version of the training materials.

Cost: €495 per person

Location:

Dublin

For further information, please contact us:

[email protected]

+353 (0)1 539 4884

Full Training Timetable can be seen HERE

Host or Publisher RegSol Ireland