AML (ROI)

Summary

With recent significant changes in Anti Money Laundering (AML) legislation, as well as an increased regulatory focus on your AML compliance, both you and your staff need to keep up to date in this area. To help you, Practice Consulting has developed this extended 3.5 hour webinar covering the key AML requirements that you now need to have in place at your practice to be fully AML compliant.<.p>

Venue details:  
Webinar, TEST, Online
Start date & time:  
25 February 2021 09:30
End date & time:  
25 February 2021 13:00
Price:  
By registering for this course you have accepted the terms and conditions
Training ticket cost:  
2.50 Training Tickets accepted
CPD hours:  
2.50
Speaker details
First nameLast name
Conal Kennedy
Jeremy Twomey

Description

Product type:  
CPD course
Category:  
Practice and business improvement

Format

This course will be delivered via Zoom on Thursday 25 February 2021 from 9.30am to 1pm. The Zoom link will be emailed to participants the day before the course is due to take place.

Who should attend

All staff in you practice, right through from Partner level to Trainees have specific AML responsibilities and hence attendance on this interactive webinar for all members of your team would be of benefit to ensure that your firm remains fully AML compliant. This course specifically focuses on the needs of accountants in practice in the Republic of Ireland.

Course overview

  • From the Whole Firm Risk Assessment, to the documentation that you should have for each and every client, as well as current reporting requirements, this webinar will allow you to gain the understanding on what you now need to be fully AML compliant at your practice in just one session.
  • We will also discuss the impacts of the COVID-19 crisis on your AML responsibilities, as well as give you an insight into likely future changes in this area.
  • Professional Standard's supervisory role, how they are now changing their approach to AML compliance reviews, as well as the most common findings that you can avoid at your firm will also be covered.
  • This webinar will be as interactive as possible, with time allocated to allow participants to ask the questions and deal with the AML issues that matter to you.

Key learning outcomes

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

  • Have full knowledge of the recent key significant AML related legislative changes and their impacts on your firm.
  • Identify where gaps exist in your current AML compliance systems and the required updates to ensure that you firm will be fully AML compliant to meet the new requirements.
  • Gain an understanding of the common AML related compliance issues that we see at firms across Ireland, as well as how to avoid them
  • Gain an insight into the changing regulatory regime in this area and its impacts on your practice.
  • Learn of possible future changes.

Speaker bio

Conal is Head of Practice Consulting in Chartered Accountants Ireland. He and his team provide advice and support to practices throughout Ireland, and publish a range of practice toolkits covering Anti Money Laundering, Audit, Accounting and Compliance. Over a ten year period in Practice Consulting, Conal has coached and advised many practices through major change events such as mergers, acquisitions and retirements. He has also advised on practice development and marketing.

Speaker bio

Jeremy in his role as Practice Consulting Manager works to support our member practitioners across our service areas, with a particular focus on compliance support, training and our associated advisory services. Jeremy is a Fellow of the Institute, having trained with Ernst & Young; he has held senior management positions across both financial and professional services, as well as the public sector.