Benefits

• Appreciate why the 'annual money laundering test' is not enough
• Understand the exposure and consequences of the insurance industry to finance crime
• Identify the main types of financial crime and their characteristics
• Describe the key - and evolving - legislation to counter financial crime and the penalties for non compliance
• Explain the regulatory priority given to financial crime and what the FCA's expects of firms and individuals
• Describe the main roles of the main agencies in combating financial crimes, including those within the industry
• Recognise suspicious transactions
• Outline the key but proportionate antifinancial crime controls that a firm should have in place.

Who should attend?

Compliance officers, managers, team leaders and people whose roles carry a higher potential exposure to financial crime.

Programme

• Challenging complacency
• The types of financial crime
• Evolving UK and international legislation and penalties
• The FCA's approach to financial crime
• The agencies
• Balancing crime prevention with fair treatment of customers
• Suspicious transactions and indicators, inc. Politically Exposed Persons
• A risk based approach to controls.

6 CPD hours

Attendance at this event awards up to 6 CPD hours where you consider it relevant to your professional development needs.

Book online