An essential element of the Anti Money Laundering (AML) Regulations is the training of staff to ensure they understand how the AML rules affect them, the company and the processes the business has adopted to eradicate the risk of money laundering.

Staff are required to understand the actions they must take and how they comply with the legalisation both personally and on behalf of the company. It is incumbent on all employers in regulated business to provide such training and is a legal requirement.

Effective AML Training Courses

At AML and Compliance we provide essential training to compliance officers and staff of all levels on:

The key element of the AML RegulationsWhat is money launderingHow the regulations affect the businessHow the regulations affect individualsThe tactics used by criminals to launder moneyHow to identify potential AML issuesThe action to take when AML is a concernThe requirements of a business and the policies and procedures required to comply with the AML regulationsAn overview of the business policies, what they mean, the action that must be taken and how they protect the business and its staffRecording and Reporting of AML related issuesReporting to NCA, how and whyWhat to do in the event of direct contact with someone who the business suspects to be money laundering