Overview

Financial crime is a major corporate and social issue and of extremely high focus for regulators worldwide. Many regulators have turned their supervisory spotlight on firms’ anti-money laundering processes, systems and controls and also on those who are involved or responsible for the prevention, detection and overall protection of their...

Financial crime is a major corporate and social issue and of extremely high focus for regulators worldwide. Many regulators have turned their supervisory spotlight on firms’ anti-money laundering processes, systems and controls and also on those who are involved or responsible for the prevention, detection and overall protection of their firm against all aspects of financial crime.

Recent cases of fines, sanctions and reputational damage in relation to money laundering systems failures and recent significant frauds form the background that international standards are expected to be understood and demonstrated. Such standards include but are not limited to those set by FATF, OECD and other international standard setters.

CCL have developed this workshop style programme to meet the needs of today's current or potential anti-money laundering personnel, fraud prevention personnel, compliance professionals and those with responsibility for regulatory compliance.

The workshop has been endorsed by the Chartered Institute for Securities & Investment (CISI) and designed by Anti-Money Laundering Professionals, Compliance Officers and former Regulators who between them have over 60 years’ experience. Being a workshop style programme, relevant case studies are utilised throughout.

The programme will provide participants with the practical skills and knowledge required to carry out the prevention and detection of financial crime including those relating to anti-money laundering and the countering of terrorist financing, in line with international standards.

Who is this for?

The certificate programme is ideal for all participants who seek understanding of the growing
significance of the risks of financial crime, heightened regulation and the need for compliance,
including:
  • Anti-money laundering and fraud prevention officers
  • Personnel responsible for the supervision of prevention and detection systems and controls in relation to financial crime including anti-money laundering and fraud prevention
  • Compliance professionals
  • Regulators
  • Legal, Audit
  • Risk specialists

Money Laundering & Terrorist Financing

  • Definitions & differences
  • Offences
  • Global & Regional issues
  • Emerging trends

Governing Standards

  • International standards & conventions
  • UN Security Council Resolutions & Sanctions
  • FATF Recommendations
  • Role of Government & Professional Bodies

Corporate Governance

  • The importance of Corporate Governance in AML
  • Ethics & financial crime control
  • The Role of the MLRO in Corporate Governance
  • Regulatory expectations

Preventative Measures

  • Policies and procedures
  • Risk-based approach
  • KYC & CDD
  • Compliance Monitoring Programme
  • Use of Technology

The Money Laundering Reporting Officer

  • Skills and the Role of the MLRO
  • Suspicious Activities & SARs
  • Relationship with Regulators
  • The MLRO Report
  • Training & other responsibilities

Practical Considerations

  • Maintain knowledge
  • Case Study
  • Action Plan
Carwyn Evans

Carwyn Evans

Carwyn specialises in supporting firms with their day-to-day compliance requirements, in particular, the provision of outsourced compliance officer and MLRO services to DFSA authorised Firms. Carwyn has also helped Firms attain DFSA licences over the past year. Carwyn’s experience covers investment banking, wealth management, asset management, and full-service banking operations.

Carwyn has been a compliance professional for 15 years. His early career involved a role as the UK Compliance Manager for the Global Financial Services BPO organisation, ICT Group, before working as a Compliance Officer for the regulator of the UK National Lottery. Carwyn was asked to rejoin ICT Group as European Compliance and Training Director, where he controlled a team of 180 staff across the UK, Ireland, Argentina and the Philippines, and developed the compliance framework to meet European regulatory requirements, particularly those of the FSA (now FCA).

In 2008, ahead of the financial crisis, Carwyn joined the FSA where he was a Banking Supervisor for an international bank with large banking operations in a high risk financial crime territory. In addition to his day-to-day supervision activities, Carwyn led the end to end authorisation process for a full service bank, with focus on governance, liquidity, risk management, financial crime control and outsourcing oversight. Carwyn also represented the FSA at cross governmental body fora, including international regulatory committees.

More recently, Carwyn worked as a Senior Manager with Deloitte in London. In this role, he advised financial services organisations on a variety of regulatory risk areas. Carwyn has led work with investment banks, broker-dealers and asset managers in assessing the effectiveness of their compliance function and implementing his recommendations to strengthen compliance controls. He has also led a section 166 review on behalf of the FSA, assessing the adequacy of compliance and financial crime controls within a global broker-dealer. At Deloitte, Carwyn was responsible for devising and delivering annual in-house AML and risk training to 250 colleagues within the practice, including the Partner group, as well as providing new recruit training on AML and risk.

In his current role as Director, Consultancy at CCL Limited in their Dubai office, Carwyn has delivered consulting services to a number of Firms within the DIFC, and also Firms supervised by the UAE Central Bank. Carwyn frequently delivers AML and CTF training to DIFC authorised firms, as well as financial services companies across the GCC. Carwyn also outsources his services as Compliance Officer/MLRO for 5 DFSA licensed firms, where he provides real-time regulatory advice and assurance to the Board of each firm.

Claire Moran

Claire Moran

Claire joined CCL with a strong background in custody and fund administration most recently as Compliance Officer and MLRO for Apex Fund Services in Dubai and previously as an AML and Compliance Specialist at CACEIS, in Ireland. These roles have provided Claire with an extensive exposure to a broad range of issues in the funds industry including AML, FATCA, general regulatory requirements and monitoring and reporting funds’ compliance with investment guidelines, as well as close interaction with clients, investors, regulators and senior management.

Throughout, Claire has been involved in the design and implementation of appropriate compliance systems and controls, including developing AML training programmes, project management of operational and regulatory development plans and has worked collaboratively with business managers to ensure that appropriate control standards and assurance procedures are in place.

Claire holds a BA Degree with Honours in Economics & Sociology from the University of Limerick, Ireland and numerous relevant Compliance and AML qualifications.