AML Compliance Officer Training - Webinar #1 - March 2024
Have you arranged for your senior managers and compliance officers to receive their AML/CFT training and refreshers for 2024? Pursuant to section 57 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, compliance officers and senior managers must receive training on AML/CFT.
Description
This webinar series is designed with Senior Managers and Compliance Officers in mind but, is also relevant to anyone (from Accountants to Lawyers) who must comply or work within the Anti Money Laundering regime.
Pursuant to section 57 of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009, compliance officers and senior managers must have training on AML/CFT matters.
Has your senior managers and compliance officers arranged their annual AML/CFT training for 2024?
Join Fiona Hall for the first webinar in our AML series. Fiona is a barrister who specialises in regulatory law particularly anti-money laundering (AML/CFT). This webinar, the first in our series of three, will provide guidance and insight that you can incorporate into your AML programmes. Building on your understanding of basic CDD requirements. this presentation is designed to focus on the curly questions and some troubleshooting
Please note this is to book Webinar One Only - to book the series click here
March Webinar- Presented by Fiona Hall:
This webinar will cover:
- Standard CDD
- What it's nature and purpose is really about
- What do you need to collect
- Is the change in definition of beneficial owner significant for CDD
- New regulations and the issues with collecting and verifying information on "powers that bind" and structure and control.
- Enhanced CDD
- The legislation - distinguishing the different types of EDD and the new regulations
- The practical - the ongoing dilemma that is source of wealth/funds and the new regulatory in respect of this requirement
- Assessing capture under section 22(1) - what really is high risk and when should you trigger EDD?
- New extended enquiries - when will they be required and what do they require?
- Simplified CDD
- How to utilise effectively
- New limitation from regulations
- The challenge of different opinions and supervisor expectations that don't align with yours
As this webinar is intended to provide practical guidance you are more than welcome to submit your questions that you would like Fiona to incorporate into her presentation. Please submit questions to Nat at training@ph.co.nz
To find out more information about the AML/CFT Series of three webinars click here
Presenters
Fiona Hall
Barrister & Solicitor, Fiona Hall Law
Fiona Hall is a barrister and solicitor specialising in regulatory law, particularly anti-money laundering (AML/CFT), consumer credit and privacy law. After her admission to the bar in 1987, Fiona initially practised general commercial litigation and banking law at large law firms in both Auckland and London, before moving in-house. Her in-house counsel roles covered a number of credit and credit related businesses as well as for a government regulator.
CPD Hours and Recordings
1 CPD hour for individual webinar
3 CPD hours for entire series