AML – A focus on Customer Due Diligence (Simplified, Normal and Enhanced)
Category: Law & Regulation and Compliance | Date: 22/08/2024 11:30 | Duration: 1hr | Tag: WEBIE2455 | Type: Webinar | Speaker: Elaine Jackson
Course Details
In this 3-part series Elaine Jackson and Sinead Gortland will look at the more complex topics surrounding RBO and AML, including STR reporting, Discrepancies and Non-Compliance and practical breakdown of Customer Due Diligence.
Money laundering is a reality, it is a type of financial crime. We as Designated Persons need to ensure that we protect our Firms from the risk of engaging with a client who is involved in Money Laundering. We do this by carrying out the necessary Customer Due Diligence. In this session, we will take a practical look at Customer Due Diligence and what type of Customer Due Diligence applies to particular persons/entities.
In part two of this webinar series Elaine will cover the following topics;
- What is Customer Due Diligence
- Simplified CDD
- Normal CDD
- Enhanced CDD
- On-Going Monitoring and Review Requirements
Course Level: Intermediate
CPD Course Speaker
OmniPro
Elaine Jackson
As a member of our Practice Support team, Elaine’s focus is on providing firm’s with assistance and training in the following areas; Anti-Money Laundering, Audit Testing and Walk Through Procedures, Audit Planning and Efficiency, OmniPro Audit Working Paper Demos, Preparing for Monitoring Visits and Post Monitoring Visit follow-ups.
Elaine has over 15 years Accountancy Practice experience which has provided her with a wealth of knowledge across all industries and sectors. Elaine is an AITI Chartered Tax Advisor, a Certified Public Accountant and holds a Diploma in Corporate Finance.
In her previous roles, Elaine has experienced a number of ACA and ACCA monitoring reviews. This experience has provided Elaine with a great understanding and appreciation for the challenges facing Accountants in practice today.
Elaine has over 15 years Accountancy Practice experience which has provided her with a wealth of knowledge across all industries and sectors. Elaine is an AITI Chartered Tax Advisor, a Certified Public Accountant and holds a Diploma in Corporate Finance.
In her previous roles, Elaine has experienced a number of ACA and ACCA monitoring reviews. This experience has provided Elaine with a great understanding and appreciation for the challenges facing Accountants in practice today.