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Training Resources
The Conference at which the videos were captured was held at Perth Concert Hall in April 2008 and fulfilled its billing as a practical Conference for practitioner to help answer the question “What do I do next”. The Regulations were covered but the main focus was on helping delegates formulate a clear vision of what they needed to do when they got back to their offices.
The videos reflect the legal position as at April 2008. There have been no significant changes in the legislation since December 2007 so the videos reflect current practice.
We have organised many events over the years but this Conference was a particular success. It was one of those days where the Speakers, the delegates and the venue combined to create something special. We are delighted that we captured the event on video and that you are able to share the experience.
Each video lasts for approximately 30 mins and can form the basis of a 1 hour in-house AML training session. The cost is £10 + VAT per video for 30 days or 5 viewings which ever comes first. The viewings can be by individuals within your firm or group training sessions. At £2 per viewing these videos must represent the best value training available anywhere.
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Rave Reviews
“A superb seminar combining just the right balance between dialogue/ diatribe from the stage and audience involvement/participation which kept the whole thing fluid and engaging.”
- Duncan Mackenzie, solicitor, Dundee
“the Conference was first class. I don’t think I have attended a conference before where I have listened to every word!”
- Peter Murray, solicitor, Dumfries
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| The Speakers: |
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Morag Newton was until recently Guarantee Fund Director at the Law Society of Scotland and headed up the monitoring team. Morag was a CA in private practice before joining the Society. Morag and James have been at the forefront of the Society’s efforts to alert the profession to the import of the new Regulations.
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James Ness is with the Law Society. Narrowly missed an Oscar for his performance in the Drumsheugh Gardens blockbuster “Money Laundering – the Movie” in which he co-starred with Morag.
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Mark Bickerstaff is a Principal Officer with SOCA (Serious Organised Crime Agency) based in Scotland. Mark gives an insight into SOCA’s role, what SOCA are looking for in a SAR and how that one, seemingly insignificant, SAR could be the piece of the picture which unlocks the riddle.
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Graham Gibson is a solicitor in Kirklands Law Limited, the Perth based legal firm and one of our directors. He is the author of our AML Package and has an indepth knowledge not just of the Regulations but of their practical impact on how regulated firms run their businesses.
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Rental Costs
Each video lasts for approximately 30 mins and can form the basis of a 1 hour in-house AML training session. The cost is
£10 + VAT per video for each pack of 5 viewings. You can buy any number of packs.
There is no time limit within which you have to start viewing the video but the clock starts to run the 1st time you view the video. From the 1st viewing you have 30 days or 5 viewings which ever comes first. During this period the video(s) you order can be viewed by anyone in your firm or any training group. At £2 per viewing these videos must represent the best value training available anywhere.
What makes these videos very watchable, and ideal for in-house training, is the high level of audience participation. There are a lot of really good exchanges between the floor and the panel, each one of which helps clarify a particular topic. We hope you enjoy them and find them useful.
You can rent the videos immediately via our Online Shop by card payment. Alternatively you can complete the order form, print it out and send it to us with your cheque. When we receive your request we will email you a unique password and web link for the videos.
To inject a buzz into your series of training sessions why not tell staff that there will be a “Quiz” at the end of the course. You will find details of the Quizzes available at Online Assessment.
As you will see from the Online Assessment pages we will send your MLRO a note of how each person faired which should be kept as evidence that you have complied with your obligations to provide AML training and to assess the effectiveness of that training.
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Videos 1 to 4
Each video lasts for approximately 30 mins and can form the basis of a 1 hour in-house AML training session. The cost is
£10 + VAT per video for each pack of 5 viewings. You can buy any number of packs.
There is no time limit within which you have to start viewing the video but the clock starts to run the 1st time you view the video. From the 1st viewing you have 30 days or 5 viewings which ever comes first. During this period the video(s) you order can be viewed by anyone in your firm or any training group. At £2 per viewing these videos must represent the best value training available anywhere.
This 3 minute taster of "Suggested solution for Policy Statement" by Graham Gibson, is Free. It is hosted on You Tube for ease, but all of the others are hosted on our own private secure server.
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James Ness, The Law Society
Real issues that arise in daily practice (30 mins CPD)
Reasonable assessment of risk – warning signs
Trusting your gut instinct – if something doesn’t feel right
The need to CDD before you do work
Customer Due Diligence – holding companies, Powers of Attorney
Risk does not equal suspicion
Reliance under s17 – whose certificate should you accept?
Terms of Engagement – how to use them to manage your risk
Tipping off – when it is not tipping off and S333 |
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Videos 5 to 10
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Workshop with James Ness (30 mins CPD)
CDD Value of Home visits, Pensioners without ID,
Beneficial Ownership where Companies House out of date
What do you do if there are 10 directors?
Pointers on assessing risk
What work can you do before you have ID?
When would you use electronic verification on its own?
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Workshop with Morag Newton (30 mins CPD)
The difference between Risk and Suspicion
What is enhanced due diligence?
Who do you report to and how?
Tracking and recording sources and destination of funds
Commercial transaction where funds paid to you by other agent’s client
When might you ask clients to explain how they got funds?
“cash” handling processes
What on-going monitoring is required for repeat business for existing clients?
What amounts to “suspicious activity”
Bowman v Fels & P v P
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Workshop with Mark Bickerstaff, SOCA (30 mins CPD)
Insight into real life operations and case studies from SOCA
The questions raised by Operation Churchill
When consent will/will not be given and turnaround times
Confidentiality – Protecting your identity
Feedback from SOCA
Where one SAR made a real difference.
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Workshop with Graham Gibson (30 mins CPD)
Importance of Guidance Notes
Reliance v Certifying documents
Identification and verification
If you do not record it, it did not happen
The police are in reception, what do you do?
Separation of client and AML information
Protect staff – keep a paper trail
Receiving rent/debts due in cash? |
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Panel Session Part 1 (25 mins CPD)
Real life horror stories from Delegates
Perils of email only communication
Theft of cheques issued by firms
What to do with CHAPS where source not disclosed
Fraudulent DDs from clients’ accounts
Insider fraud within Bank’s supply chain
Can you rely solely on electronic verification?
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Panel Session Part 2 (20 mins CPD)
CDD on Trustees and Beneficiaries under continuing trusts
On-going monitoring of company officer and ownership
Submitting SAR with hindsight
Procedure to follow when face value of transaction is not paid
Moral obligation to report v duty arising from regulated business
Local Police not taking action on SARs
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| Face-to-Face Training |
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We design, develop and deliver AML workshops specifically tailored to meet the needs of individual firms/faculties. We guarantee measurable improvements in the behaviours, skills and knowledge of delegates.
Please complete the enquiry form (all fields are required) with details of what you are looking for and we will come back to you with a suggested programme and delivery costs. |
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| Paper Based Q&A |
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If you have invested in the AML Package and adopted it without fundamental revisals you will be able to use the 34 topics in the User Manual for a series of in-house seminars. You will then be able to check and record the effectiveness of your training programme by using the Online Assessment module.
As you will see from the Online Assessment pages we will send your MLRO a note of how each person faired which should be kept as evidence that you have complied with your obligations to provide AML training and to assess the effectiveness of that training.
Thankfully, we are all different and you may have developed your own Policy Statement or “cut and pasted” chunks from our AML Package into your existing system.
If you would like us to develop paper based/ Online Assessment for your firm’s Policy Statement please fill in the form below. |
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Anti-Money Laundering
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