Various dates available, please contact us. | Online event at a time to suit you

Duties and Responsibilities of the Guernsey MLRO & MLCO

Course Summary This course is designed for Money Laundering Reporting Officers (MLROs), Deputy MLROs and Nominated Officers.

Time & Location

Various dates available, please contact us.
Online event at a time to suit you

About the Event

Introduction

This training details the roles and responsibilities of the MLRO and the MLCO within the Guernsey Financial Services Industry. The session will provide you with a thorough understanding of duties to be undertaken to enhance the application of the anti-money laundering regime.

Topics

GFSC Regulatory Requirements

Responsibilities of Senior Management and the Board of Directors

The Financial Action Task Force (FATF)

PEPs and Sanctions

AML – where to draw the line / dealing with difficult situations

Money Laundering Risk Assessments

Case Studies

 

Course Benefits

After attending the course, participants will:

Have the ability to explain the roles and responsibilities of the MLRO & MLCO

Be equipped to comply with statutory & regulatory obligations in relation to the role of MLRO & MLCO

Understand the money laundering and reporting regime

Have gained confidence in dealing with Suspicious Transactions and Activity Reports (STRs/SARs) including consent requests

Assist in the development of a firm’s Money Laundering Risk Assessments

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© 2021 Platinum Compliance (Guernsey) Limited  

Registered Office: Suite 1, 23-25 The Pollet, St Peter Port, Guernsey, GY1 1WQ

Registration Number: 62717