Fraud Prevention Awareness
Overview
This comprehensive training course is designed for accountants and others working in professional accountancy firms who need to understand the rules and regulations relating to Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF), and who also need to understand how these risks manifest themselves within a professional accountancy environment.
Who is this for?
This AML training course will be appropriate for anyone, including accountants, with little or no experience or for more experienced professionals as a refresher course.
Learning Outcomes
After attending the courses, participants will:
- Understand the nature of the money laundering and terrorist financing risks facing professional accountancy firms
- Have an awareness of the principal legislation and regulations governing money-laundering and terrorist financing
- Understand their responsibilities within their professional regulatory regime, and the effects of failure to comply
- Have knowledge of the practical steps required to manage money-laundering and terrorist financing risks, including customer due diligence, suspicious activity reporting and ongoing monitoring, particularly in the context of a professional accountancy firm.
Course Details
- What is Money Laundering?
- The Legal Framework
- Proceeds of Crime Act 2002
- Money Laundering Regulations 2017 and amendments
- Professional supervisory bodies
- JMLSG Guidance
- Risk Assessment in the context of professional accountancy services
- Customer Due Diligence
- Monitoring
- Awareness and Training
- Record Keeping
Virtual Delivery
Our virtual training courses are designed to be every bit as engaging as our in-person courses. To achieve this, our trainers use market-leading technology and a range of training techniques to ensure high levels of interaction with participants. Courses include the use of:
- Virtual ‘break-out’ rooms: participants are divided into virtual rooms to facilitate small group discussion.
- Polling: multiple-choice questions, answered anonymously, allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to highlight the practical application of theoretical knowledge.
- Messaging: participants can submit questions and comments, either to the whole group or privately to the trainer.
Additional Benefits:
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Recording: public course participants have the option to access a recording of the course for one month after the course. In-House clients also have the option to record their training for an additional fee.
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On-going Q&A: public course participants can access an ongoing Q&A facility allowing them to ask questions relating to the course.
In-Person Delivery
Our in-person training is delivered face to face at your offices, and includes:
- ‘In-the-moment’ questions & discussions: questions through conversations allow the trainer to assess knowledge and understanding across the group.
- Case studies: true to life case studies and scenarios are used to explore practical application of theoretical knowledge.
- Q&A: participants can ask questions during training, either to the whole group or privately to the trainer.