AML/CFT Compliance for MLROs and Nominated Officers Recording


The role of senior management, and those appointed to oversee a companies Anti Money Laundering regime, is increasingly under scrutiny and subject to inspection. The importance of having an adequate and appropriate compliance regime is of high importance to protect the firm from legal, reputational and ethical breaches.

Venue details:  
On Demand webinar, ,
Start date & time:  
01 January 2021 00:00
End date & time:  
16 September 2021 00:00
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
2.00 Training Tickets accepted
CPD hours:  
Speaker details
First nameLast name
Andrew Coles


Product type:  
CPD online course
Audit and assurance, Chartered courses

Who should attend?

This session was recorded on 16th September 2020. The recording is suitable for Money Laundering Reporting Officers, Nominated Officers, Compliance Officers and Managers

Booking Information

Once you have booked your course the link to the recording will be available in your "My account" area.

Please be aware that you will have access to this course for 180 days from the date of purchase

Course overview

  • Understanding the UK and ROI Anti Money Laundering framework and how it applies nationally and internationally
  • Understanding current "Red Flags" and Money Laundering Methodologies and how to respond to them
  • How to apply a Risk Based Approach to AML compliance
  • How to apply the correct level of due diligence to your customer relations
  • How to manage a compliant SAR regime
  • How to identify suspicious activity and what to do about it
  • Record Keeping - "if it isn't written down it didn't happen"
  • Equipping staff to be the eyes and ears of the business

Key learning outcomes

By the end of this course, participants wil be able to:

  • Understand the Regulatory and legal responsibilities of a compliant AML regime
  • How to manage a firms AML responsibilities through the construction of a comprehensive policy and procedural regime
  • How to respond to Regulatory inspections and law enforcement engagement

Speaker's Bio

Andrew Coles, Andrew has been a law enforcement officer for the last 35 years. After completing 30 years in policing, during which he was engaged in targeting organised crime gangs through assets denial and financial investigations, he moved to Citi bank UK. At Citi, Andrew was employed in identifying suspicious activity conducted by high net worth individuals and mitigating their activity. He also worked actively with various law enforcement agencies to assist them in complex international money laundering activities. Since 2017 he has worked with the National Crime Agency in its Asset Denial branch where he has been employed targeting historic untouchables and removing their criminal assets. Since 2010 Andrew has also been engaged in training law enforcement officers in the use of their powers under the Proceeds of Crime Act and latterly through his company, Rhinoonsulting, he has trained and assisted a range private clients in AML compliance and target hardening their businesses. His clients include members of the Irish League of Credit Unions, The Law Society of Northern Ireland and the Chartered Accountants of Ireland (and a number of their members). Andrew has also been worked for the North Macedonia Financial Police and the Judicial Authorities in Kosovo in the delivery of training to law enforcement officers, prosecutors and judges in the use of asset denial powers.