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

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.