IPA Learning | AML: A Practical Guide to Risk Assessment
IPA Insolvency Practitioner newsletter, August 2022
- Paul Smith, CEO
- Samantha Keen, President
- Awareness of CEO fraud and impersonation frauds
- 2023 renewals: AML information and Regulation 18 risk assessments required
- Amendments to the 2017 Money Laundering Regulations
- Join the IPA in celebrating the outstanding accomplishments and successes made in the insolvency sector this year!
- The IPA’s regional Roadshows are back this autumn – join us for the final four 2022 events
- Personal Insolvency Conference early bird rates closing soon – book now!
- Exclusive discounts on training from the IPA and our partners – make savings on essential CPD
- Change of IPA registered office address
- NEW member benefit: save money on your airport parking with APH! (Member login required to view)
- Need new IT products? Claim exclusive IPA membership offers from Dell
- CPI training with BPP – special offer for IPA members (member login required to view)
- Membership and licence renewals
- IPA exclusive industry update from Insolvency Insider
8th September 2022 | 12:30-14:00 | Online | CPD: 1.5 hours
Following our very successful Practical Guide to AML workshop in February 2022, we return to this very important subject with AML: A Practical Guide to Risk Assessment.
This workshop is designed to help you with your Regulation 18 risk assessment obligations and assist your IPA renewal and supporting AML reporting obligations.
AML threats and risks ebb and flow; MVL risk is a constant threat in insolvency, while recent sanctions have arisen out of the specific circumstances of Russian incursion into Ukraine. This workshop will look at current risks to IPs, what they are and how to spot them, and then deal with them. We will also include a practical guide to Suspicious Activity Reports (SARs), including what to report and when.
Full details of the workshop are:
- The importance of Regulation 18, the firm wide risk assessment, and how this feeds into policies and procedures
- The current risks the IPA see, and what we expect to see as part of the renewal process
- Effectiveness of policies and staff training in identifying and understanding risks
- Timing of Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD), what checks are actually done, and the risks recorded
- The impact of sanctions, changes to legislation and fines.
- SAR changes, updates to legislation and the impact on the profession of the failure to report suspicions – what to report and how to report
- Bounce Back Loan (BBL) fraud and other frauds.
Save with group bookings!
For group booking rates (3+ people), please email email@example.com.
With thanks to our sponsor: