Financial Crime Prevention - How to Comply with Key Laws & Requirements

Introduction

The UK's financial crime prevention laws present a complex web of requirements. All businesses in the UK must comply with them, regardless of what sector they operate in and whether their business is a small domestic business or a multinational business.

There are several misconceptions around the scope and effect of the laws, and how to comply with them.

The laws in this area are always changing. Most recently, the Sanctions and Anti-Money Laundering Act 2018 has replaced the EU financial sanctions regime for UK businesses and nationals, and reviews continue on the reform of the corporate offences for failing to prevent financial crime.

This newly updated webinar is aimed at all UK businesses. It is relevant to those working in-house in financial and other institutions, and to professional advisers both for their own businesses and for their clients.

What You Will Learn

This webinar will cover the following:

• Current laws relating to money laundering, terrorist financing, financial sanctions, bribery and the prevention of facilitation of tax evasion
• Government and regulatory guidance
• Overview of key prosecutions, cases and regulatory enforcement actions
• What businesses need to think about when designing compliance programmes

This webinar was recorded on 11th May 2021

Quick Quiz - Test Your Knowledge: Money Laundering