Senior Staff AML/CFT Mandatory Training (Isle of Man-specific)
Description
This senior-level training provides directors and senior managers in the Isle of Man with an in-depth understanding of their governance and oversight responsibilities in preventing financial crime. The session explores the legislative and regulatory framework, the importance of positive engagement with regulators, and strategies for effective risk management through Business Risk Assessments (BRA). Participants will examine oversight of high-risk areas, the evaluation of the MLRO function, and effective board reporting, escalation, and accountability practices. Hot topics, red flags, and emerging regulatory trends will be discussed, alongside director-specific case studies and lessons from recent public statements. The training also emphasises the importance of fostering a compliance-first culture at the top, equipping senior leaders to set the tone, strengthen frameworks, and ensure robust governance across their organisations.
Content
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Overview of Financial Crime Risks
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Overview Legislative and Regulatory Universe
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Governance and Oversight Responsibilities (positive regulatory engagement)
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Risk Management and Strategy (Effective BRA)
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Hot Topics and Red Flags
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Oversight of high-risk areas
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Evaluating the MLRO Function
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Board Reporting, Escalation and Accountability
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Emerging trends and Regulatory Updates
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Director Specific scenarios – lessons from recent public statements
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Building a Compliance First Culture
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. |