MLRO Duties

The Money Laundering Reporting Office (MLRO) can play a critical role within designated person entities especially with respect to the reporting of suspicious transactions and activity. Sometimes the MLRO may be expected to establish, implement and monitor an effective AML/CFT system and is given significant responsibility as a result.

 To gain a better understanding of the Role of the MLRO, we have created this half day training course which includes the following:

1. What is an MLRO?

2. AML / CTF Duties and Obligations

• Best Practice: Governance, Board Reporting, Risk Assessment, Policies and
• Procedures, Record-Keeping, Ongoing Monitoring, Training and Sanctions

3. MLRO Expertise

• Anti-Money Laundering / Counter Terrorist Financing Laws and Trends

4. Suspicious Activity / Transaction Reporting

• Identification of Red Flags
• Ideal Internal reporting processes and procedures
• Tipping off

This module is recommended for Money Laundering Reporting Officers, those wishing or about to take up such a role, or those tasked with resourcing or monitoring the MLRO role such as Directors, Managers, Heads of Function, etc.

CPD:

Accredited with the Institute of Bankers, Insurance Institute of Ireland and the LIA. Approval for other bodies can be obtained on request.

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

Cost: €295 per person

Full RegSol training timetable HERE

For further information, please contact us:

[email protected]

+353 (0)1 539 4884

Host or Publisher RegSol Ireland