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
Michael Power Accountants
Elaine Jackson
Elaine Jackson, Director of Audit and Compliance at Michael Power Accountants, specialising in Audit, Debt Review/Restructuring and Compliance. Michael Power Accountants provide Audit, Accountancy, Tax and Financial Advisory Services to businesses across Munster, operating from their offices in Tipperary Town and Clonmel.
Elaine has previously worked with OmniPro as Head of the Accountants Resource Centre and was also a member of OmniPro’s Practice Support team.
Over the last number of years, Elaine has been 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 is an AITI Chartered Tax Advisor (AITI CTA), a Chartered Accountant (ACA) and holds a Diploma in Corporate Finance.
Elaine has previously worked with OmniPro as Head of the Accountants Resource Centre and was also a member of OmniPro’s Practice Support team.
Over the last number of years, Elaine has been 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 is an AITI Chartered Tax Advisor (AITI CTA), a Chartered Accountant (ACA) and holds a Diploma in Corporate Finance.