Senior staff AML/CFT mandatory training (Isle of Man-specific)
Description
This webinar will provide essential AML/CFT training tailored for senior staff in the Isle of Man. Attendees will learn about the latest anti-money laundering (AML) and counter-financing of terrorism (CFT) regulations specific to the jurisdiction, including updates from the Isle of Man Financial Services Authority. The session will cover best practices for maintaining compliance, risk management strategies, and the responsibilities of senior management in overseeing AML/CFT frameworks. Participants will leave equipped with the knowledge needed to fulfil mandatory regulatory requirements and strengthen their organisation’s defences against financial crime.
Content
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Your oversight role in anti-money laundering, countering financing of terrorism, countering proliferation financing “AML/CFT/CPF”
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Legislation and regulatory universe
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Your firm’s risks and vulnerabilities
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Triggers, trends and typologies
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Managing the risk – policies & procedures – risk-based approach – “RBA” (client due diligence “CDD”, record keeping, transaction monitoring, business risk assessment “BRA”)
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Suspicious activity reports “SARs” & tipping off
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Challenges and Penalties
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BRA, strategy and oversight
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Hot topics and case studies throughout
Presenter
Jo FrenchExpert 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. |