Sign up to our mailing list

Sign up for more info including course updates,
upcoming courses and the latest news from GTA

Search

Finance, AML & Compliance

The Guernsey MLRO/MLCO Masterclass

Course details

Start Date

18 November 2021

CPD Points

3.5

Cost

£195

Length

Half day (09:00-12:30)

Location

GTA University Centre

Course Overview

This masterclass details the roles and responsibilities of the MLRO and MLCO within the Guernsey Financial Services Industry. The session will provide you with a thorough understanding of duties to be undertaken under the new requirements of the Guernsey Financial Services Commission’s Handbook for Financial Crime and to enhance the application of the anti-money laundering regime.

Course Content

Topics covered will include:

  • GFSC Regulatory Requirements
  • Responsibilities of Senior Management and the Board of Directors
  • The handling of internal disclosures of suspicious activity
  • The making of high quality external disclosures to the FIS
  • The handling of production and restraining orders including, but not limited to, the requirements of the Relevant Enactments and how to respond to court orders
  • Liaising with the Commission and law enforcement agencies
  • The management of the risk of tipping off
  • Responsibilities for monitoring and testing Policies & Procedures
  • Monitoring and testing of compliance systems and controls in place to detect ML and FT
  • PEPs and Sanctions
  • Case Studies


Course Benefits

After attending the course, you will:

  • Have the ability to explain the difference in the roles and responsibilities of the MLRO and MLCO
  • Be equipped to comply with statutory & regulatory obligations in relation to the role of MLRO/MLCO
  • Understand the money laundering and reporting regime
  • Have gained confidence in dealing with Suspicious Transactions and Activity Reports (STRs/SARs) including consent requests
  • Be able to assist in the development of a firm’s Money Laundering Risk Assessments


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 721555.

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

  • Lindsay Fox

    Lindsay Fox is the founder of Platinum Compliance (Guernsey) Limited.
    With over 33 years in the Guernsey financial services industry, Lindsay has experienced a variety of roles throughout her career, including Asset Management, Fund Administration, New Business, Global Custody, Credit Risk, Banking and Training, as well as involvement in GFSC visits, resulting in a thorough understanding of industry needs from a regulatory perspective.

    Lindsay holds the Institute of Directors (IOD) Diploma in Company Direction, the International Compliance Association (ICA) Diploma in Compliance (Distinction),The Chartered Governance Institute (previously ICSA) Certificate in Offshore Finance and Administration and the Chartered Institute of Securities and Investments (CISI) Investment Administration Qualification (IAQ).

Testimonials

    Brilliant course. Really informative and interesting. Great tutor and peer discussions.

    Very informative and helpful, great real-life examples and facilitated good group discussion.

    Very friendly staff, clean and inviting facilities, sufficiently warm training rooms.

    Claire C

  • Lindsay made it fun and informative.

    Sofia A

    Very informative and engaging. Lindsay's approach was very helpful.

    Christopher L

Brilliant course. Really informative and interesting. Great tutor and peer discussions.

Very informative and helpful, great real-life examples and facilitated good group discussion.

Very friendly staff, clean and inviting facilities, sufficiently warm training rooms.

Claire C

Lindsay made it fun and informative.

Sofia A

Very informative and engaging. Lindsay's approach was very helpful.

Christopher L

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.