AML Masterclass – 17th May
Tuesday May 17, 2016 – Tuesday May 17, 2016
Description:
AML Masterclass
Presented by Mathew Beale – Comsure (Regulatory Risk Specialist)
In Jersey, everyone working in finance must be aware of the Money Laundering (Jersey) Order and their obligations.
Join Mathew Beale, Regulatory Specialist from Comsure for this two-hour special on Anti Money Laundering. Mathew will teach you everything you need to know to adhere to local legislation with real-life Case Studies and practical examples from his 30-year experience working in financial services.
The session will include real-life Case Studies and practical examples gleaned from our vast experience working in financial services, teaching you everything you need to know about Money Laundering, but were afraid to ask.
About the session:
The workshop will consider such matters as:
- Understanding what ML & TF is – dispelling the myths!
- AML Policies and Procedures – What is the difference and why are they important?
- Probability of an offence crystallising – using leading case studies.
- Risk of not reporting – using real case studies.
- Government and other Sanction risk (e.g. UN, EU, OFAC, Others, etc.)
- Understanding the difference between KYC, ID&V and CDD.
- Profiling customers – what does it mean?
- Building and using trigger events.
How do you guard against being:
- Engaged in an arrangement with the proceeds of crime or
- Deemed to have failed to report a suspicion (SAR) and / or
- Deemed negligent in your actions to prevent, detect and or report the above matters?
Who should attend this session:
All employees are required to complete AML training within ten days of induction and refresher training must be completed every two years. Anyone working within a financial services environment, including client facing employees, Directors, NEDS, MLROs and MLCOs should attend this session.
Details
Date: May 17, 2016
Time: 09:00 – 11:00
Booking Link – http://08hillstreet.com/events-cpd/
More info link: https://aml-jersey.eventbrite.co.uk/
Cost: £75.00 (+ booking fee)
INTRODUCTION TO AML, TF AND CORRUPTION – One Study Training
Wednesday May 18, 2016 – Wednesday May 18, 2016
Description:
PLEASE NOTE: To book your place on this course, please contact ONE STUDY TRAINING, details below.
Introduction to AML, TF and Corruption
COURSE OBJECTIVES:
The course is designed for both those new to the industry and as a refresher for senior staff wishing to expand their knowledge. It is relevant to both regulated and supervised financial services providers.
COURSE OUTLINE
What is money laundering?
Placement, layering and integration
The scale of the problem
Common laundering methods
Vulnerability of offshore centres
How to mitigate the risks
SARs – protecting yourself
Consequences of failing to detect laundering
How to mitigate the risks
The definition of terrorist financing
Vulnerabilities – the use of NGOs
Consequences
ISS
TARGET AUDIENCE
The course is designed for both those new to the industry and as a refresher for senior staff wishing to expand their knowledge. It is relevant to both regulated and supervised financial services providers.
All One Study courses can be facilitated in-house and tailored to your specific requirements.
To discuss your learning and development requirements or register a place on a public course, please contact
Louise Grimstead at louise@onestudytraining.co.uk
or by telephone on +44 (1534) 729729
www.onestudytraining.co.uk
Mauritius AML Refresher Training (For All Employees)
May 11, 2016 by
adam Bendelow
Filed under
Events
Monday May 23, 2016 – Monday May 23, 2016
Description:
Mauritius AML Refresher Training (For All Employees)
Please read for more information – AML 2016
Bookings to be made by
- Telephoning Mauritius 454 6809
- Emailing: clbs@clbsonline.com / training@comsuregroup.com
Mauritius AML For the Board
May 11, 2016 by
adam Bendelow
Filed under
Events
Tuesday May 24, 2016 – Tuesday May 24, 2016
Description:
Mauritius AML For The Board
Please read for more information – AML 2016
Bookings to be made by
- Telephoning Mauritius 454 6809
- Emailing: clbs@clbsonline.com / training@comsuregroup.com
Mauritius AML For Compliance and the MLRO
May 11, 2016 by
adam Bendelow
Filed under
Events
Wednesday May 25, 2016 – Wednesday May 25, 2016
Description:
Mauritius AML For Compliance and the MLRO
Please read for more information – AML 2016
Bookings to be made by
- Telephoning Mauritius 454 6809
- Emailing: clbs@clbsonline.com / training@comsuregroup.com
Mauritius AML Risks associated with SARS
May 11, 2016 by
adam Bendelow
Filed under
Events
Thursday May 26, 2016 – Thursday May 26, 2016
Description:
Mauritius AML Risks Associated with SARS
Please read for more information – AML 2016
Bookings to be made by
- Telephoning Mauritius 454 6809
- Emailing: clbs@clbsonline.com / training@comsuregroup.com
Everything you wanted to know about Regulatory and Money Laundering Risk – Seychelles – 2 Day Event
Wednesday June 1, 2016 – Thursday June 2, 2016
Description:
PLEASE NOTE: To book a place on this course, please download the brochure and fill out the booking form, alternatively contact clbs@clbsonline.com or phone (230) 454 6809.
Everything you wanted to know about Regulatory and Money Laundering Risk – Seychelles
2 Day Workshop
Early Bird Fee Available
Introduction
Professionals working in money laundering prevention already understand the benefits of, and regulatory requirements for, training in this area. Each member of staff, regardless of position, has a role to fulfill in safeguarding the reputation of their firm and minimizing the threat. So it is vital that all be fully trained with the necessary skills and knowledge. This two-day workshop intends to build upon the previous workshops in this area as Anti-Money Laundering and Counter Terrorist Financing is such a dynamic area. As in previous years, the programe has been designed together with the Seychelles Financial Services Authority (FSA) to ensure its relevance to the Seychelles legal and regulatory framework.
The Programe Content
The workshop will cover the following key 5 themes:
AML/CFT Refresher & Update (including FSA Proposed Topics)
We will begin by reminding ourselves of the basics constituents of AML/CFT and dispel the myths. We will consider the importance of knowing the respective legislations, ongoing monitoring of business relationships, knowing the activities the clients are engaged in, establishing the UBO of companies, having policies and procedures in detecting ML/, ensuring legitimacy of documents and performing independent checks to confirm the authenticity of their content & Importance of establishing good P.I relationships and ensuring that CDD information is obtained and agreement & undertaking is in place. We will look at the different government and sanction lists (e.g. UN, EU, OFAC, etc.) and how they should be embedded in your systems and procedures. We will focus on the way customers should be profiled and look at the difference between KYC – ID&V – CDD. We will show you how to build and use trigger events in your systems before turning to consider the probability of an offence crystallizing and the risk of not reporting using leading case studies. Last but not least, we will look at the importance of professional indemnity (and directors and officers liability) cover for risk mitigation.
AML for Compliance Officers and the MLRO
So often, MLROs and Compliance Officers are so busy ensuring that everyone else in their firm receives the AML training, that the need for them to keep up to date gets overlooked. In this part of the workshop, we will look at the current areas of interest to AML regulators, enhanced with case histories and studies. We will also provide Senior Managers holding the delegated AML compliance responsibility on behalf of their firms’ governing bodies (but who are not also the MLRO) a concise update on the matters of current interest and concern to those in such managerial positions.
AML/CFT & The responsibility of Senior Management and of the Board
It is imperative that CEO’s, directors (including NEDS), their equivalents and senior management colleagues in allregulated firms fully understand their collective and personal obligations, to avoid suffering Criminal sanctions, including vicarious liabilities and maximum prison sentences up to 14 years, Civil sanction, including Constrictive trust and Dishonest assistance and Regulatory sanction, including loss of licence and or job. The aim of this briefing session is to provide delegate with a concise update on the implications, both for their firms and for them as individuals, arising from the ongoing obligations from current legislation and regulation. This will provide to be useful equally to members of senior management but also for those who may not be in senior management so that they can attract the attention of their managers/directors to their duties and responsibilities.
AML Risks associated with SARS
The Challenge For A MLRO And Or An Employee (Including Directors) Can Be Deciding… Am I Suspicious? There is a growing belief among many financial services professionals that MLRO’s and employees are “Damned if they do and damned if they don’t”!!! Failing to submit an appropriate Suspicious Activity Report (SAR) SAR can lead to big trouble and can result in a criminal prosecution, and as shown in the recent Jersey prosecution of a regulated business and its MLRO (AG -V- STM Fiduciary Limited and Michelle Jardine). However firms must also caution against filing unwarranted “defensive” SARs. In this part of the workshop, we will provide practical advice for the high-wire balancing act of when – and when not – to file a SAR. With limited guidance from the local courts and the regulator, firms can still look oversees to the courts (UK and elsewhere) as well as other regulatory bodies for some guidance and best practice tips. In doing so there are some chinks of light and some key lessons for all firms and their employees (including directors and MLROs).
Lessons Learned From Regulatory Onsite Visits
(Using Case Studies From Other Jurisdictions)
The workshop will make extensive reference to lessons learned from regulatory onsite visits and the findings of the regulator so that licensees in Seychelles can draw on best practices in other jurisdictions to ensure that they embed these findings in their systems and procedures. As usual, the trainer will use case studies, many of which are based on real-life stories. Cases that will be referred to in the training include Minerva v Nolan, Crédit Agricole Corporation and Investment Bank, Papadimitriou, AG v STM Fiduciaire and Michelle Jardine, Horizon Trustees (Jersey) Limited (in liquidation) (“HTJL”) amongst many others. Lessons will also be drawn from the Panama leaks.
Venue for The Workshop: Eden Bleu Hotel, Eden Island, Seychelles
Employment and Health and Safety Law Business Leaders Briefing – Tuesday 24th May 2016
May 11, 2016 by
adam Bendelow
Filed under
Events
Tuesday May 24, 2016 – Tuesday May 24, 2016
Description:
Employment and Health and Safety Law Business Leaders Briefing
Please join us at The Grand Jersey Hotel for an interactive Business Leaders’ briefing that will provide you with valuable, up to date advice, covering the crucial areas of HR and Health & Safety.
The briefing will be delivered by one of our key partners, Peninsula Business Services, who over the last 32 years have acted as trusted advisors to many businesses simplifying how they approach and comply with the HR and Health & Safety requirements within their workplaces.
On the Day:
During this exclusive event we will demonstrate how to manage:
- Employee Behaviour – such as performance, attitude and attendance
- Entitlements such as parental leave, maternity, sick pay & flexible working
- Obligations such as employment law contracts, risk assessments, fire & safety policies
There will also be a Q & A session at the end of the event for you to raise any individual issues.
Employment and Health and Safety Law Business Leaders Briefing
The Grand Hotel Jersey
Tuesday 24th May 2016
Welcome & Refreshments: 9.30 – 10.00am
Event: 10.00am – 12.45pm
Q & A: 12.45 – End
2016 – What are the compliance issues four months in?
Wednesday April 27, 2016 – Wednesday April 27, 2016
Description:
2016 – What are the compliance issues four months in?
Run in collaboration with OneStudy – OneStudy Breakfast Briefing Seminar Series
Wednesday 27th April from 8.30am to 9.30am
Venue Pomme D’or
Speaker – Mathew Beale, Managing Director of Comsure
To obtain a programme flyer or register your interest, please contact louise@onestudytraining.co.uk.