Course Details

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 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 series Elaine covers the following topics;

  • What is Customer Due Diligence
  • Simplified CDD
  • Normal CDD 
  • Enhanced CDD
  • On-Going Monitoring and Review Requirements 

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CPD Course Speaker

OmniPro

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.