AML/CTF Refresher Course – 2 hours

Course summary:

The 2010 Anti-Money Laundering and Counter-Terrorist Financing Act along with its Guidance Notes set out a requirement for regular staff training on AML.

This 2-hour briefing serves as a course for those already aware of their responsibilities under the 2010 Act but who need to undergo refresher training or wish to be updated on the most recent developments in AML, namely the 2018 Criminal Justice (Money Laundering and Terrorist Financing) Amendment Act which details obligations such as the requirement to carry out risk assessments and enhanced due diligence.

The main focus is on recent and planned legislative amendments and enforcement actions. A refresher on Designated Person obligations including Customer Due Diligence (CDD), Suspicious Transactions Reporting (STR’s) and Risk Assessment will also be covered.

Course content:

This course specifically examines:       

  • the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010;
  • the Criminal Justice Act (Money Laundering and Terrorist Financing) Amendment Act 2018;
  • 4th  AML Directive;
  • 5th and 6th Directive provisions;
  • Implementing Customer Due Diligence requirements, internal policies & procedures and on-going monitoring in a practical risk-based manner;
  • Enforcement Action by the Central Bank of Ireland – Settlement Agreements to date.

You will be up-to-speed with the latest developments and requirements.

Who should attend?

This course is most suitable for those with some practical knowledge of the legal requirements placed on Designated Persons (if you are unfamiliar with the topic and require more detailed training we recommend our full day AML Course). This course is suitable for all individuals that may be required to interact with AML at any level throughout the course of their employment including:

  • Compliance Officers
  • MLRO’s – Money Laundering Reporting Officers
  • AML Officers
  • Heads of Risk
  • Heads of Internal Audit
  • External Auditors
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