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"I am happy to recommend the MHK online training method. We have found it to be an effective way of making anti-money laundering training more accessible to our corporate financiers."

Michael Parkinson, Finance Director

Close Brothers Corporate Finance

 
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B2B Compliance Training and Anti Money Laundering Training

The UK's Money Laundering Regulations of 2007 come into effect in December 2007. Under these regulations it is now a criminal offence for businesses in the 'regulated and supervised sector' not to provide staff Anti-Money Laundering Training and Terrorist Financing procedures. Here is a snapshot of those that are effected  by this new law:

  • Financial Services Industry
  • Accountants and Auditors
  • Solicitors
  • High Value Dealers
  • Insurance Brokers
  • Estate Agents
  • Bureau de Change
  • Casinos

 

This means that businesses must comply with the law and be able to:

Confirm the identity of customers.
Appoint a Money Laundering Reporting Officer(MLRO).
Train Staff.
Control by having Anti-Money Laundering and Terrorist Financing (AML & TF) measures.
Hold records for 5 years.

To help you comply, MustHaveKnowledge provide B2B Compliance Training and has published the following:

  • THE ADVANCED AML & TF PROGRAMME - for Directors and Senior Managers who work in a financial capacity for their company.
  • THE ESSENTIAL AML & TF PROGRAMME - for administrative and support staff employed within the 'regulated and supervised sector'.

Anti-Money Laundering is an issue that will influence business life for years to come and training on the subject is an essential part of the prevention process.

For more information on B2B Compliance Training, or to arrange a preview of a Programme, please contact This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

 

 

 

 

 

 

 

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B2B Compliance Training UK