Once you have completed your practice’s risk assessment, the next step is to develop an efficient and effective compliance programme to appropriately mitigate the risks that have been identified. The programme must include adequate processes, policies and controls for a range of mandatory considerations including staff vetting, training, customer due diligence, reporting, record keeping and for managing and mitigating the risks of money laundering and financing of terrorism.
- Understand better how to approach the creation of an AML compliance programme and how systems and processes already in place may be included and/or adapted.
- Gain insights into what makes a compliance programme effective in practice.
- Learn more about the minimum requirements for a programme, the importance of vetting and training procedures, and reporting and auditing processes, including suspicious activity and prescribed transaction reports.
Who should attend?
Given the scope of the legislation, this seminar will be relevant to almost all lawyers in practice but it will be of particular importance to senior partners, practice managers and AML Compliance Officers who will be responsible for determining the approach of the practice and developing the necessary policies and processes.
Also available On Demand
The AML/CFT Toolkit Series: (1)
The Role of the Compliance Officer
The AML/CFT Toolkit Series: (2)
The AML/CFT Toolkit Series: (3) Customer Due Diligence
Barrister and Solicitor
Fiona Hall, who recently spoke at the AML Solutions AML/CFT Summit in Auckland, is a barrister and solicitor specialising in AML/CFT, consumer credit and privacy law. After her admission to the bar in 1987, Fiona initially practised general commercial litigation and banking law at large law firms in both Auckland and London, before moving in-house. Her in-house counsel roles covered a number of credit and credit related businesses as well as for a government regulator.
Fiona has acted as the head of compliance and both privacy and AML officer in conjunction with her legal roles. She has developed and implemented a number of AML/CFT programmes and was an invited speaker at the annual NZ Police FIU AML/CFT conference in 2015.
(previously known as Veda NZ)
A leading data analytics business, with specialist solutions to manage fraud and identity verification.