AML, CTF,
AML Training Services by AML Consultants
01.
AML, CTF, and CPF Basics in the UK
We provide AML, CTF, and CPF training to frontline employees, enabling them to identify and escalate suspicious customer behaviour to the AML Compliance Department or the Nominated Officer in alignment with your AML, CTF, and CPF policies, procedures and controls.
02.
Customer Due Diligence Requirements
We provide training on how to conduct CDD, the details to be captured in KYC forms, how to conduct sanctions checks, and how to carry out overall customer risk assessments, including checks for Politically Exposed Persons (PEPs) and Adverse Media. We equip your Nominated Officer to effectively investigate any suspicious behaviour identified during CDD, and we guide your senior management regarding circumstances where their approval shall be needed while onboarding a high-risk client.
03.
Internal report to the Nominated Officer
Circumstances requiring the filing of an internal SAR to the Nominated Officer (acting as the internal money laundering reporting officer) and procedures to be followed and how to avoid tipping off.
04.
MLTPF red flags
Comprehensive training on MLTPF red flags for the front office and compliance team, including procedures to follow in cases where red flags are observed.
05.
Sanction Compliance
We train the compliance team on how to conduct screening of prospective customers across relevant sanctions lists to ensure compliance with Targeted Financial Sanctions. This also includes the methodology to ensure timely and accurate reporting of sanctions matches to the Office of Financial Sanctions Implementation (OFSI). Sanctions screening is an essential component of AML compliance as it helps businesses identify if their prospective customer is a sanctioned individual who could pose ML/FT and PF risk to the business.
06.
AML, CTF, and CPF Compliance Best Practices
We train the frontline and compliance staff on internationally accepted and nationally relevant AML, CTF, and CPF compliance best practices.
07.
AML Record Keeping
We guide you through maintaining records of your MLTPF compliance measures and keeping such documentation easily accessible whenever required. We also help you understand the requirements relevant to maintaining, archiving, and organising, information to ensure compliance with AML record-keeping and data protection requirements.
08.
AML Regulatory Reporting
We train your Nominated Officer on the importance, methodology, timelines, and requisites for regulatory reporting, such as filing a Suspicious Activity Report (SAR) on the National Crime Agency (NCA) portal, which is a mandatory regulatory compliance requirement. For the identified sectors, where applicable, we also discuss and guide the compliance team on filing the Annual Financial Crime Report with the AML supervisory authority.
Focused. Flexible. Relevant.
Intelligent, all-encompassing AML training for your business is just a call away.
Why AML Consultants UK for your AML, CTF, and CPF Training?
- As your AML training partner, we help understand your business's unique requirements related to AML, CTF, and CPF laws and compliances. We curate and create customised training to suit your unique business needs.
- AML Consultants UK's compliance training programs are completely aligned with the current trends in AML, CTF, and CPF compliance programs, international best practices, and emerging ML, FT, and PF typologies so that your personnel have the updated and necessary knowledge to combat ML/FT and PF.
- AML Consultants UK consists of a team of AML, CTF, and CPF compliance experts, subject matter trainers, legal professionals, business consultants, risk management specialists, financial institution auditors, policymakers, and strategists with expert knowledge in their respective specialities.
- We serve AML training requirements across various industry clients, including financial institutions, auditors and accountants, crypto-asset exchange providers, estate agents, law firms, high value dealers, and many others.
- AML Consultants UK's training programs in AML, CTF, and CPF are designed to empower you with adequate subject knowledge to understand the AML laws, obtain relevant insights from the prevailing industry standards, develop and monitor efficient AML, CTF, and CPF internal control systems, resulting in adequate AML compliance.
FAQs AML Training Services
Is AML training necessary in the UK?
A well-designed AML training programme is a regulatory requirement for businesses and professionals operating in sectors regulated by AML supervisory authorities such as the Financial Conduct Authority (FCA), HM Revenue & Customs (HMRC), and professional bodies such as the Law Society, Association of Chartered Certified Accountants, and so on.
