Format
This course will be delivered via Zoom on Thursday 21 November 2024 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 your 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.
• An understanding of what Money Laundering is and what signs you should
look out for.
• An overview of the current Republic of Ireland AML legislation, what
changes are likely over the coming years with the recently announced 6th AML
Directive and how these impact your practice, as well as the latest
guidance.
• The important roles of both an Garda Síochána & the Revenue
Commissioners in Suspicious Transaction Reporting and investigation, as well as
the online reporting systems they employ.
• Discussion of the practical AML Reporting issues and dilemmas facing
you; and
• Professional Standard’s supervisory role, their current 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. We will also show how the 2024 Institute AML Toolkit can assist your
practice to remain compliant in this area.
Key Learning Outcomes
By the end of this course, participants will be able to:
• Have full knowledge of the current key significant Irish AML related
legislation and its impact 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 in this area.
Speaker Bios
Conal Kennedy - 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-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
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