About the Course
This course explains the role of the Money Laundering Reporting Officer (MLRO) which is the nominated officer in the UK for monitoring and reporting potential money laundering
This course provides a detailed insight into the appointment of the MLRO. It explains the statutory responsibilities allocated to the role holder and how and why this is often different to the Head of Financial Crime and Head of Compliance roles.
The course also explains what the regulators expect from firms that are required to have a MLRO. Including the regulatory interview.
By the end of the course participants will:
Know how to appoint a MLRO
Understand the responsiblities allocated to a MLRO
Know how to meet regulatory expectations
The course is structured in three parts: The first part cover the MLRO role itself. It then goes on to explain regulatory expectations. Finishing with some examples of common failings and how to prevent these from arising in your firm.
Required Knowledge and Skills
The course is suitable for individual's who either hold, or aspire to hold, the MLRO, SMF17 role in the UK.
About Your Trainer
Rajeshri is a Chartered Accountant with experience in Forensic Accounting and Expert Witness work in fraud and financial crime. Raj has worked on highly complex criminal cases with the FCA and SFO, as well as firm and individual regulatory misconduct.
Raj is also an associate member of the Academy of Experts and has provided expert reports on fraud related matters.