Introduction to AML compliance

What is money laundering? How does it work?

In this video we explain money laundering, why it is important to stop and prevent it, how we achieve this, and we clarify CFT or Countering Financing of Terrorism.

What are the “red flags” I should look for?

In this video we look at some of the “red flags” that could indicate a money laundering or terrorist financing.

Applying your AML/CFT Programme

What are your AML record keeping requirements?

In this video we cover AML / CFT record keeping. Along with customer due diligence, and suspicious transaction reporting, record keeping is cornerstone of preventing money laundering and terrorist financing.

What are your Customer Due Diligence obligations?

In this video we cover Customer Due Diligence, also known as CDD. Along with record keeping and suspicious transaction reporting, CDD is a cornerstone of preventing money laundering and terrorist financing.

AML/CFT Audits

What does an independent AML Audit involve?

In this video we cover independent AML Audits. Along with internally reviewing your compliance and filing annual supervisor reports, obtaining an independent audit is a key ongoing obligation. The audit is designed to provide you and your AML supervisor with assurance that you are being effective in combating money laundering and terrorist financing.

Phase 2

Introduction for Lawyers to Phase 2 of the AML/CFT Act

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