Available at a time to suit you
|via our Platinum Gateway portal
Duties and Responsibilities of the Guernsey MLRO & MLCO
Course Summary This course is designed for Money Laundering Reporting Officers (MLROs), Money Laundering Compliance Officers (MLCOs) and Nominated Officers.
Time & Location
Available at a time to suit you
via our Platinum Gateway portal
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