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Finance, AML & Compliance

Compliance CPD Series 2024 - Session Five - Tackling Source of Wealth and Source of Funds

Course details

Start Date

6 June 2024

CPD Points

1

Cost

£45

Length

1 hour (12:30 - 13:30)

Location

GTA University Centre

Course Overview

Establishing the source of funds businesses may handle or an overall source of wealth is essential under the Handbook on Countering Financial Crime and Terrorist Financing (the Handbook) but can be the cause of unnecessary headaches and worry.

During this session delegates will explore the requirements of the Handbook, and potential pitfalls with the use of practical examples and case studies to help identify best practices and issues to avoid.

Course Content

During this session delegates will cover:

• The Handbook

• High Risk Clients

• Pitfalls

• Best Practice

• The Sense Test

Course Benefits

Delegates will gain a broad understanding of the best practice and potential pitfalls they may face in relation to source of wealth and source of funds issues. They will understand, through the use of case studies and practical examples, that documenting decisions and evidence is the key to following the requirements of the Handbook and complying with their legal obligations.

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 Tutors

  • Iona Mitchell

    Iona Mitchell
    Iona is a Knowledge Lawyer and Advocate with a background in complex commercial disputes, including financial services litigation, enforcement action by the GFSC, trusts and regulatory work. Her role includes horizon scanning and advising on recent legal developments.

  • Charlotte Ward

    Charlotte Ward
    Charlotte is an associate in our Guernsey Litigation and Dispute Resolution practice of Mourant. Her work consists of a wide range of complex commercial disputes with a focus on Financial Services and regulatory litigation and enforcement action by the GFSC. Charlotte also undertakes work in contentious trusts, sanctions and litigation with cross-jurisdictional aspects.

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.