EisnerAmper Ireland | AML Board Training | Financial Services | EisnerAmper Ireland Ireland

AML Board Training

Please complete the form below to register your interest for the course and to receive a call back. 

Context

The Fifth Anti-Money Laundering Directive (AMLD5) has now been transposed into Irish law and although less detailed than AMLD4 it signals the increased focus of regulators in this area and the importance for firms in ensuring they meet their regulatory requirements.

The Central Bank of Ireland has published an AML/CFT supervisory engagement model for individual firms, dependent on their ML/TF risk rating, and it is actively enforcing compliance with 12 firms recently reaching Settlement Agreements in respect of breaches of the CJA 2010.

The Central Bank of Ireland expects directors to be trained on their specific duties in relation to Anti-Money Laundering (AML) and we deliver bespoke Anti-Money Laundering (AML) training to help Boards (and individual members of Boards) fulfil their duties and achieve compliance with the requirements of AML.

Course content

The course curriculum covers:

• AML Regulations
  • Timeline of EU Regulatory Development
  • The AML Universe
  • AMLD4 Development
  • AMLD5 Development
• Governance
  • Legislative Framework
  • Company Organisation Framework
• Risk Assessment
  • National Risk Assessment for Ireland
  • CBI Supervisory Engagement Model
  • AML Business Risk Assessment
• Customer Due Diligence
• AML / CTF Monitoring
  • Business Relationships
  • Suspicious Transactions
• COVID-19 – CBI Expectations
• CBI Fines in respect of breaches of the CJA
• Preparing for CBI AML Review Meetings
• Key Takeaways

Benefits to attendees

• Attendance covers the obligations of Board members to receive specific training in AML.
• Helps Board members prepare for a Central Bank of Ireland AML inspection / interview.
• Provides Board members with an overview of recent regulatory developments – for example in relation to AMLD5.
• Training delivered by Tom Brennan – an experienced facilitator and subject matter expert.
• An interactive workshop style format (not lecture based) with a fun element.
• Short quiz.
• Certificate of attendance.

Location, date and time

The course will be delivered virtually over Zoom.

Tuition Costs

The cost for this 1 hour course is €1,250 and covers all materials – slides used in the delivery of the course will be issued to participants.

Register Your Interest Here

Please complete the form below to register your interest for the course and to receive a call back.

Or alternatively, please contact Tom Brennan, Partner and Head of Risk & Regulatory at tom.brennan@eisneramper.ie.