Anti-Money Laundering Policy & Procedure

Our Anti-Money Laundering Policy & Procedures have been extensively updated to comply with MLD4 and The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR17), the final version of which came into effect on 26th June 2017. Risk assessments, due diligence, internal controls, training, employee screening and reporting are all key factors in the prevention of money laundering and financial crime and firms with obligations under the MLRs will be under strict scrutiny to comply.

£32.00 (ex vat)

Our Anti-Money Laundering Policy & Procedure and other products, help to remind staff of the importance of the Know Your Customer principles and due diligence checks for new and existing clients and can help protect your organisation from risk and financial crime.

Financial Crime & Anti-Money Laundering Policy & Procedure
TYPE: Policy & Procedure SIZE: 18 pages FORMAT: Word.doc
▪ Policy Statement, Purpose and Scope
▪ What is Financial Crime & Money Laundering?
• The Terrorism Act 2000 & Proceeds of Crime Act 2002
• Serious Organised Crime & Police Act 2005
• Anti-Terrorism, Crime & Security Act 2001
• The Serious Crime Act 2007
• The Money Laundering, Terrorist Financing & Transfer of
Funds Regulations 2017
▪ Objectives
▪ Training & Competency
▪ Suspicious Activity Reporting (SAR)
▪ Responsibilities
▪ Appointed Officers & SAR Template
▪ Procedures
• Risk Assessment
• Internals Controls
• Due Diligence (SDD, CDD & EDD)
• High Risk (PEPs & Beneficial Owners)
• Employee Screening
• Monitoring & Audits
• Traceable Transactions
▪ Records Management
▪ Reporting
• MLRO Annual Report
• Annual Financial Crime Report