Senior Staff AML Mandatory Training (Guernsey-specific)
Description
This advanced training is designed for senior staff with AML/CFT responsibilities in Guernsey. It explores the critical role and effectiveness of the MLRO and MLCO, along with key legislative updates, including failure to prevent offences. The session addresses civil liability, SAR obligations, and potential risks for directors and shareholders. Attendees will gain practical guidance on conducting and documenting ML/TF/PF business risk assessments, setting risk appetite, and establishing robust policies, procedures, and controls. The training also covers methods for evaluating the effectiveness of AML/CFT systems and ensuring compliance with Schedule 3, the Handbook, and other Relevant Enactments.
Content
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Role and effectiveness of MLRO/MLCO
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Key updates to legislation – failure to prevent offences
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Civil Liability and SARS
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Potential director and shareholder liability
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The conducting and recording of ML, TF and PF business risk assessments and the formulation of a risk appetite
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Establishment of appropriate, relevant and effective policies, procedures and controls
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Methods to assess the effectiveness of the firm’s systems and controls and its compliance with Schedule 3, this Handbook and other Relevant Enactment
Presenter
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Jo French Expert Trainer at the School of International Financial Services |
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Jo, through her company JETT Limited, specialises in developing contemporary bespoke, technical in-house CPD programmes covering a range of AML, compliance and governance issues. She has over 25 years’ experience in delivering credible training to a wide range of financial service businesses both in the Crown Dependencies and internationally, as well as institutions that include the BBA, the ACSP in the Isle of Man, Guernsey Training Agency and the Jersey International Business School where her role also extended to delivering on Buckingham University’s BSc (Hons) in International Financial Services degree as part of their faculty. In addition, she has taught on the International Compliance Association’s full range of AML and compliance qualifications since 2005, and as a Fellow of the Governance Institute (formally ICSA) written and delivered across both level 4&5 Certificate and Diploma, as well as the qualifying scheme, (subjects include Corporate Governance, Risk Management, Boardroom Dynamics, Company Law and Company Compliance and Administration.) Jo’s ICSA students have won many international prizes, most recently in Trust and Company Administration in May 2021, and CORE in the November 2021 exams. A committed educationalist, Jo has a First Class Law Degree (LLB) and Masters in Law (LLM) (Merit) from Queen Mary University of London specialising in financial services law. She is passionate about the delivery of accessible and innovative training courses. |