Anti-Money Laundering (AML) and Counter Terrorist Financing (CTF) continue to be a focal point for regulators across the globe. The risks of getting it wrong are great, with breaches being punished severely and publicly.
The Money Laundering Regulations 2007 impose onerous requirements on firms, including the implementation of appropriate procedures and the provision of staff training. Failure to do so can result in fines and up to two years imprisonment. This is also a changing regulatory landscape, with the 4th Money Laundering Directive on the horizon.
Complyport has extensive knowledge in helping firms find solutions to Anti-Money Laundering and Counter Terrorist Financing problems, including the following:
- Drafting and implementing AML & CTF policies and procedures;
- AML & CTF Healthcheck;
- Money Laundering Reporting Officer Training;
- Money Laundering Risk Assessment;
- AML & CTF Training – both via our online training portal (ComplyTrainer) and face-to-face.
Want to now more about how we can help you with your Anti Money Laundering and Counter Terrorism Financing obligations? Call Complyport on +44 (0)20 7399 4980 today.