Anti-Money Laundering for the UK Accounting Sector: Compliance & Protection
in AML (Anti-Money Laundering)About this course
What You'll Learn
- Understand the legal and regulatory framework surrounding money laundering, specifically within the UK accounting sector
- Recognize the signs of money laundering to identify suspicious activity early
- Learn how to report suspicions of money laundering effectively within the industry
- Understand the role of the Nominated Officer in anti-money laundering (AML) compliance
- Identify the different stages and types of money laundering and their impact on the accounting sector
- Learn how to ensure compliance with AML regulations and avoid severe penalties
- Implement practical steps for preventing money laundering, including client verification, record-keeping, risk assessment, and reporting suspicious activity
Requirements
- No prior knowledge required, just an interest in understanding how AML regulations relate to the finance industry in the UK
Description
The UK and EU governments are tightening the rules around anti-money laundering (AML), and the accounting sector must stay vigilant to comply with these regulations. This course is designed to help you understand your obligations, recognize the signs of money laundering, and take the necessary steps to protect your business from non-compliance penalties.
Led by Lisa, a professional with a first-class honours degree in Accounting and Marketing, an MSc in Investment Management, and hands-on experience implementing AML procedures, this course is built from real-world applications. As the Nominated Officer (NO) in her company, regulated by HMRC, Lisa provides valuable insights into the regulatory framework and practical steps to remain compliant.
What makes this course unique is its practical approach. Lisa shares checklists, templates, and step-by-step guidance on how to implement AML procedures effectively within your business. Whether you’re a bookkeeper, accountant, or payroll bureau, this course will equip you with the knowledge needed to adhere to AML regulations.
Our course is also beneficial for professionals in other industries, including casinos, money transfer agents, financial services, estate agents, and solicitors, who are also required to show compliance if spot-checked.
By completing this course, you'll gain a comprehensive understanding of AML regulations, how to spot money laundering activity, and how to protect your business from severe penalties and sanctions. Enroll today to enhance your compliance knowledge and safeguard your business!
Who This Course is For:
- Bookkeepers, accountants, and payroll bureaus needing to understand and adhere to AML rules
- Professionals in industries such as casinos, money transfer agents, financial services, estate agents, and solicitors
- Anyone involved in ensuring compliance with anti-money laundering regulations
