Financial Crime and Compliance Masterclass Including CTF & AML

The trainer had a highly successful, long and varied “fast track” career in Lloyds Bank which led him to a very senior management position in the bank’s Corporate Banking Divsions at an early age. He was then “head hunted” to join a merchant bank to head the risk function at main board director level. He now has over 40 years’ experience in the UK banking and financial services sector.

He has been a freelance Compliance, FCC & AML training consultant since retiring and is currently an external Master Trainer at both HSBC and Bank of China. At HSBC he has been a leading member of their global FCC & AML training programme which is now entering its seventh year. He has created and delivered training to a vast range of clients, from global giants to small firms and partnerships. He is an accomplished global trainer and has delivered extensive programmes in the UK, USA, South America, Europe, Africa, Asia and the Middle East.

The trainer is a highly adaptive, hands-on and highly sought-after facilitator who always receives excellent feedback from delegates. He is comfortable training at any level of seniority and experience, from “black belts” to novices. As well as his Compliance, FCC & AML specialism, his expertise includes but is not limited to Risk Management, Trade Finance and all major aspects of Corporate, Private & Retail Banking. He is also a highly experienced soft skills trainer and has completed numerous “train the trainer” assignments.

• Understand fully the regulatory and best practice requirements necessary to combat FCC
• Be fully conversant with the mandatory risk-based approach, how it is created, how it is managed and the controls that it drives
• Understand how AML Regulations now impact a very wide range of firms.
• Appreciate the need for an holistic approach to FCC and the importance of ensuring it becomes part of business as usual
• Recognise the importance of managing the customer journey throughout the process to ensure that compliance does not become unpleasant or a deal-breaker for them
• Appreciate how important it is to persuade staff at all levels to take this seriously and discharge their duties effectively
• Understand how money laundering is carried out in practice in order to put in place effective mitigants and controls to prevent it.
• Recognise that the key component to an effective FCC process is sound judgement, common sense and a full understanding of the rules so when decisions have to be made, they are the appropriate and most effective

• Redcliffe is a market leader in FCC training and has been the primary supplier of trainers to two of the world’s largest bank’s for several years. This is a core competency for us and we are certain nobody trains more effectively than we do when it comes to this topic
• The course director is an acknowledged subject matter expert and is also a Master Trainer in both FCC and Risk Management at the world’s biggest trade finance bank
• We don’t use academics as trainers. All our trainers are practitioners who achieved at least senior management status over long careers. Your course director has been in the industry for over 40 years and was a former main board director of a London based merchant bank
• The workshop is packed full of real-life case studies and discussion sessions and delegate involvement is encouraged at all times
• We are judged solely by our results and we are proud to say that delegates feedback over many years has always been excellent

FCC and AML is a very high profile risk currently, with Regulators punishing firms who fail to put in place adequate systems and controls – even though no money laundering or sanctions breaches occurred. As such, this course is a ‘must know’ for everyone working in a firm that is subject to the rules.

Financial Crime Compliance and Regulatory Compliance will be a “top risk” for nearly every Financial Institution In recent times, Regulators have criticised a number of leaders in the Financial Services sector for not having appropriate and/or effective risk mitigation procedures in place. There have also been some eye -watering fines for non compliance. 

Financial institutions are required to focus increasingly on Financial Crime Prevention measures and must have robust systems in place to combat them. This includes detailed policies, clear lines of defence, robust CDD processes, a risk-based approach, clear accountabilities and above all effective staff training and awareness throughout the organisation.

None of this is difficult but it is costly, time-consuming and involves putting in place procedures and systems to deter, detect and protect the institution from being used by criminals.

Who Should Attend

Anyone with an interest in the topic

Methodology

Highly interactive workshop with packed full with real-life case studies and discussions sessions