In conjunction with the Financial Investigation Unit (FIU), this course will examine the internal process for raising a suspicion, the reporting process to the MLRO and how the MLRO then deals with that. The FIU will review the SARs regime, explore what makes a good SAR report and demonstrate the effectiveness of the SAR regime in Guernsey.
- The internal process for raising a suspicion
- The process of reporting a suspicion to the MLRO
- How the MLRO deals with the report
- The SARs regime
- What makes a good SAR report
- The effectiveness of the SAR regime in Guernsey
It is a criminal offence for anyone employed in the financial services industry to fail to report where they have knowledge or suspicion (or even reasonable grounds for knowledge or suspicion) that another person is laundering the proceeds of any criminal conduct or is carrying out terrorist financing. By attending this course you will gain an enhanced understanding of the issues surrounding suspicious activity reporting and be able to apply this heightened awareness to improve the effectiveness of the risk management function within your organisation.
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 224570.
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.