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Financial Crime Prevention – AML/ABC/MA

05 Dec 2017 09:30 - 12:30
Cordium UK offices
Norfolk House, 31 St James’s Square, London, SW1Y 4JJ
Training & Workshops, Financial Crime
Banking, Consumer Credit, General Insurance, Life Assurance, Securities & Investment, Pensions, Wealth Management, Mortgage & Home Finance

This course can also be delivered at your firm’s office and can be tailored to your specific requirements.


This course is specifically designed to assist Senior Management in meeting their obligations under Regulation 21 of the Money Laundering Regulations 2007 (MLR).

Course Overview:

This states:

“A relevant person must take appropriate measures so that all relevant employees of his are:
(a) made aware of the law relating to money laundering and terrorist financing; and
(b) regularly given training in how to recognise and deal with transactions and other activities which may be related to money laundering or terrorist financing.”

Any failure to meet these obligations is a breach of the MLR and of the FCA/PRA Rules in “Senior Management Arrangements, Systems and Control (SYSC).

As Bribery, Corruption and Market Abuse may involve the proceeds of crime they are natural derivatives of AML, so this course also includes an explanation of the offences and penalties under the Bribery Act 2010 and the Market Abuse regime.

The course includes examples of the offences that could have an impact on senior management, including the potential for two years in prison for not taking sufficient steps to prevent bribery. One of the steps toward prevention is of course the provision of training.

Course Objectives:

Attendance on this course will enable you to:A sound knowledge of what AML,/CTF, ABC and MA are

  • The obligations on the firm and each individual
  • An understanding of the importance of the JMLSG
  • An opportunity to benchmark your knowledge and current compliance arrangements
  • Comfort that the firm is compliant with Regulation 21 and is able to demonstrate that staff have been made aware of AML, ABC and MA

Key topics:

  • What Money Laundering is
  • Terrorism
  • The Legal Framework
  • JMLSG Guidance: including the risk based approach
  • Suspicious Activity Reporting
  • Awareness and Training
  • Record Keeping
  • Anti-Bribery and Corruption and Market Abuse

Course aimed at: All staff

This course can be delivered onsite or as an instructor lead course at a firm’s office.

If you would like to discuss your training requirements in more detail please contact Graham Dix on 020 7484 3987 or your usual Cordium consultant.

3 Points
Cordium - Education and Training
130 Jermyn Street, London, SW1Y 4UR, United Kingdom.

Tel: +44 (0) 20 7691 9722
Contact: Graham Dix. Manager Training Solutions