Description: This interactive training CD-ROM explains the
impact of the Proceeds of Crime Act 2002, as amended by the Serious
Organised Crime and Police Act 2005, and other UK laws against
money laundering and terrorism. The package describes what is meant
by 'proceeds of crime' and 'money laundering' and sets out required
identification and reporting procedures. So how does this affect
your practice and more importantly how effective are your company's
measures against financial crime?
As an accountancy firm it will be your responsibility to:
- Appoint a money laundering officer (MLRO)
- Train employees on all aspects of legal requirements
- Verify and file the identity of new clients
- Establish appropriate internal procedures to identify and
prevent money laundering
Contents:
- Introduction
- Whom does it cover?
- Proceeds of crime
- Money laundering
- Identifying clients
- Reporting
- Review
Estimated interactive learning hours: 2
For more information on this software package, please
call +44 (0) 1506 472255 or email lmsupport@bpp.com