The Department of Justice’s annual report on money laundering and terrorist financing, reveals almost 14,900 alerts were raised by banks in 2016. A number of banks and credit unions were fined for breaches of the law. The National Risk Assessment on Money Laundering and Terrorist Financing, stated that there were several sectors including retail banking and bureaux de change as being high risk.
This one hour lecture deals with AML in an Irish context and analyses the latest reports. The lecture will also assess which businesses are ‘high risk’ and analyse how businesses should change their practices in order to comply with the AML law.
The Irish Law Society (2018) states "Solicitors may complete this training by completion of the relevant 2 hours in either accounting or anti-money laundering compliance, or any combination thereof."
Duration & pricing:
- Net-Duration: 1 hour
To review scheduled booking options, please refer to: 2023 Legal CPD programme
CPD-Philanthropy is a network of distinguished Barristers / Consultant professionals who reduce CPD rates to a minimum, to encourage you/your firm, to make a separate donation directly, to a charity of your choice instead.
Between 2015 and 2022, 4112 Solicitors in conjunction with 838 firms / public bodies, registered their attendance at CPD-Philanthropy training events/activities. Since December 2015, Solicitors pledged support for 220 different charitable projects. We invite you to review more comprehensive information on participating firms/companies, nominated charities and testimonials by clicking the respective link.