Conducting AML Investigations

Money laundering presents a significant challenge for the financial sector today. As regulatory fines continue to escalate, it is crucial for everyone working in this industry or providing services to it to understand the evolving landscape of money laundering.

Awareness of these changes and proactive measures to combat money laundering are essential for compliance and maintaining the integrity of the financial system. Furthermore, the number of businesses classified as "obliged entities" under money laundering regulations has expanded significantly. Regulators are increasingly insisting that staff at these organisations receive comprehensive AML investigator training to identify potential instances of money laundering.

Our market-leading course covers the up-to-date challenges facing obliged entities. This is from both a regulatory perspective and in FCC terms. This AML investigator course includes real-life case studies and examples to help you identify money laundering as well as the investigative process. Gain the skills to meet the regulatory requirements and industry best practices. Taught by a leading expert in this field, this course covers:

• The scale of the problem and how potential money laundering is present in every part of the value chain, no matter the business
• Regulatory updates and responses:
  • The FATF and Wolfsberg, etc.
  • How to use their guidance in the investigative process
• The role of the MLRO - money laundering investigation training
• The skills needed to conduct successful investigations
• Data capture and data analysis
• The importance of professional scepticism
• Whistleblowing and cultural issues
• The differences between unusual and suspicious
• The formal stages of an AML investigation
• Escalation & Reporting:
  • Suspicious Activity Reporting: SARs/STRs
  • Red flags and best practices
• Post-investigation issues

A trainer with a unique blend of experience spanning Banking, Investment Banking, Asset Management, and the Sports Industry leads this AML investigator course. His globally recognised expertise has earned him a reputation for delivering high-quality training courses.

He studied History at Cambridge before transitioning into the finance sector as a stockbroker in London. His extensive experience includes working with Dutch, Canadian, and US investment banks in various roles, in sales, sales trading, and trading departments. For three years, he also held compliance oversight for a regulated investment bank based in Edinburgh.

The trainer’s global finance footprint also extends to India. He spent three years managing the learning and knowledge transfer section of a large investment banking offshoring project. He then spent a year in Moscow, establishing the Learning and Development department alongside Graduate Recruitment for Russia’s largest investment bank.

His considerable experience in the financial and professional services sectors further enhances the relevance and applicability of his course content. Participants will gain valuable insights aligned with current industry practices.

He has acted as an independent consultant and financial trainer for the past 30 years, specialising in Financial Crime Compliance. He receives outstanding feedback for making these complex topics understandable and relatable to the everyday activities of clients and delegates.

This course on the money laundering investigation process for legal professionals will help participants to:

• Understand the scale of the problem and how potential money laundering is present in every part of the value chain, no matter the business.
• Examine the regulatory updates and responses. This includes the FATF, Wolfsberg, etc. and how to use their guidance in the investigative process.
• Chart the role of the MLRO.
• Gain the skills needed to conduct successful investigations.
• Effective data capture and analysis.
• Recognise the importance of using professional scepticism.
• The potential impact of whistleblowing and cultural issues.
• Understanding the differences between unusual and suspicious.
• Use training techniques to chart the formal stages of an AML investigation.
• Understand the importance of escalation and reporting.
• Dealing with post-investigation issues.

• This course provides a systematic and comprehensive analysis of the many current challenges posed by evolving financial crime tactics, regulatory requirements, and enforcement practices.
• Developed for those involved in AML investigations or supplying data/information during the process.
• A thorough analysis of the process and potential weak points.
• Examining how good data can help in identifying breaches of the regulations.
• Global learning perspective examining investigations from different regions and regulatory authorities.
• Delegates will work through real-world cases and examine best practices in AML case management.

This AML investigator course covers fundamental principles and best practices associated with anti-money laundering investigations and is suitable for:

• Anyone whose business exposed to any form of financial crime, but especially money laundering
• Professionals working in an obliged entity or supplier to the sector, wishing to update their knowledge on effective AML investigations
• Compliance and risk staff who need to update their risk assessing skills and gain a holistic and current view of how to conduct investigations
• Those who need an overview of the latest regulatory requirements and key developments globally in AML/FCC
• Management within an obliged entity that requires AML investigator training to keep up to date with ‘best practices’ and improve internal processes

Redcliffe's AML investigator course enables participants to learn the latest techniques for conducting investigations, review best practices for SARs and STRs, and explore the significance of good data management. You will also learn how to address pre- and post-reporting issues.

It covers all the up-to-date challenges, both regulatory and financial crime compliance.