AML investigator to host agent webinar on customer due diligence

Agents are being given the chance to learn how to improve their anti-money laundering (AML) processes from a veteran police investigator.

Rightmove is hosting an AML webinar next Tuesday 19 July with experts FCS Compliance titled Customer Due Diligence (CDD): How to Meet HMRC Expectations.

The hour-long session begins at 10am and will be presented by Malcolm Driscoll, lead AML consultant at FCS Compliance who spent over 40 years in the police where he investigated serious and complex fraud and money laundering.

It is free for agents signed up to Rightmove.

The session will cover:
 
•    Effective CDD
•    Unpicking the multiple layers of CDD
•    Corporate structures and how to identify Ultimate Beneficial Owners
•    New sanctions and how they impact the CDD processes and client relationships
•    Embedding a compliance culture within an office

 

Driscoll said: “The war in Ukraine and subsequent newly imposed-Russian sanctions, has added further responsibilities to the existing CDD processes.  

“The aim of this webinar is to provide a no-nonsense guide for attendees; to get to the heart of what is required to keep their businesses as safe and secure as possible from being used for money laundering purposes.  

“All this while ensuring they meet HMRC money laundering regulations and are fully compliant at every step of the way.”

Registration for the webinar is available through the Rightmove Hub.