Format
This 3 hour session will be delivered via Zoom on Wednesday 19 June from 2.00pm to 5:00pm. The Zoom link will be emailed to participants the day before the course is due to take place.
Who should attend
This interactive webinar is a must attend for all Money
Laundering Reporting Officers (MLROs) in our member firms, but would also be of
benefit to any member of your team, as everyone working in practice has specific
AML responsibilities.
This course focuses on the needs of accountants in
practice in both the Republic of Ireland and Northern Ireland.
Course overview
This focussed webinar will allow you to gain an understanding of what you
need to do to ensure
your practice meets its AML Reporting responsibilities. Some of the topics we
will cover will include:
- What signs you should look out for in relation to
Money Laundering.
- Recent changes to AML Legislation in both
jurisdictions (such as the new UK Economic Crime Legislation), how these
impact your practice and the latest guidance available, with a particular
focus on reporting.
- The important roles of both an Garda Síochána &
the Revenue Commissioners in Suspicious Activity/Transaction Reporting in the
Republic of Ireland, as well as the National Crime Agency (NCA), HMRC and the
PSNI for Northern Ireland.
- When and how to report an AML issue, and when not to
report. The new UK NCA online reporting system will be a focus, as will be the
existing equivalent Irish online reporting systems. We will also discuss the
practical AML Reporting issues and dilemmas facing you.
- Discussion of the practical AML Reporting issues and
dilemmas facing you.
- Knowledge about what the Practice Consulting team are
seeing in our interactions with member firms in relation to AML Reporting, as
well as feedback we receive from the relevant authorities in both
jurisdictions.
- 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.
- Understand when and how to make an AML related report to the relevant
authorities in your jurisdiction.
Speaker Bios
Conal Kennedy FCA - 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
audit, accounting and compliance. Over a 16 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.
Jeremy Twomey FCA - 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.
Contact us
If you have any questions regarding this or any other CPD course or
requirements, please feel free to contact the team here
or call us at (+353) 01 523 3930