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Finance, AML & Compliance, Trust

Compliance CPD Series 2022 - Session Five – The problems with AML Supervised Roles (Who wants to be an MLRO – part 2)

Course details

CPD Points





1 hour (12:30 to 13:30)

Course Overview

Following on from the success of 2021’s CPD Session “Who wants to be an MLRO?” we have added this follow-on session for 2022 to allow the debate to continue. Delegates will explore the further changes to Supervised Roles introduced in November 2021, amongst other insights. Delegates will also understand how the supervised roles fit into modern financial services businesses and also be given an overview of what could go wrong if the roles are not given the consideration they are due; hearing about current cases and the Guernsey regulatory approach.

Course Content

This session will cover the following topics:

  • The evolution of Supervised Roles in Guernsey
  • Current statutory requirements for financial service businesses
  • The competing pressures on Supervised Roles
  • the regulator’s approach
  • Protections available

Course Benefits

The changing nature of financial crime has led to the evolution of those monitoring financial crime within financial service businesses and the development of the Supervised Roles.

Delegates will understand how these roles have evolved, statutory requirements for financial service businesses and how Supervised Roles are becoming increasingly important figures.

The course will also examine the local regulatory approach.

Next Steps

If you would like to book a place on this course please click on the ‘Book Course’ button to the right of this page and login or register for a user account to complete your booking(s). Any queries please do not hesitate to contact us via [email protected] or call us on 01481 225470.

If no date is scheduled for this course at the present time please click on the ‘Register Interest’ button and login or register for a user account so that we can add you to our course interest register. This register allows us to contact our tutors and finalise dates for a course as soon as we have a few people who have expressed their interest, so the more delegates who register their interest, the sooner we can schedule a particular course.

Course Tutor

  • Simon Florance

    Simon Florance is counsel to the dispute resolution and litigation team at Carey Olsen specialising in commercial litigation and regulatory matters.

    Simon’s experience and expertise encompasses a wide range of areas including complex contractual disputes, shareholder and investor actions, cross-border litigation, freezing orders, contentious banking and finance issues, and property and construction disputes. Simon also advises on regulatory matters including anti-money laundering, data protection, directors’ duties and renewable energy.

    Simon was admitted as a solicitor to the Supreme Court of New South Wales, Australia and to the High Court of Australia in 1994 and as a solicitor in England and Wales in 2017. Prior to joining Carey Olsen in 32006, Simon was a director with PricewaterhouseCoopers Legal in Sydney, Australia.

    Simon was admitted as an advocate of the Royal Court in Guernsey in November 2019.

Upcoming Courses

Some courses we run are scheduled based on demand. Please ensure you register your interest to ensure we know which courses you would like to attend.