Anti-money laundering (AML) consultancy FCS Compliance is to run a free webinar for agents.
The 30-minute session is on Thursday July 16 at 1pm and will be by Stephen Williamson, lead AML consultant at the firm’s property division.
HM Treasury announced updates to the Money Laundering Regulations (MLRs) last month, with further guidance expected over the coming weeks.
This practical webinar focuses on what the changes mean for agents.
Williamson explains: “We’ll look at what HMRC is likely to expect, where firms may need to make updates, and the steps that should be taken now to strengthen Risk Assessments and Customer Due Diligence (CDD) processes, policies, training and audit trails.”
Specifically the webinar will cover:
- What the latest Money Laundering Regulation changes mean for estate and letting agents
- How upcoming HMRC guidance is likely to affect day-to-day AML compliance
- What HMRC will expect to see in a business’s risk assessment, policies and procedures
- When Customer Due Diligence and Enhanced Due Diligence should be reviewed or updated
- How to identify higher-risk clients, transactions and warning signs
- What records, training and audit trails businesses should have in place
- Practical steps to take now to strengthen AML controls and be inspection-ready
You can register here: https://eu1.hubs.ly/H0wNy4P0
