e-Learning

Anti-Money Laundering for
Trust and Corporate Service Providers

Overview

This programme was updated and upgraded for 2011 and refers to the requirements of the Money Laundering Order and the JFSC Anti-Money Laundering Guidance.

Written by one of the world’s leading risk management practitioners, Stephen Platt, the programme contains practical examples that are relevant to offshore financial services businesses.

The key aim of this programme is to outline the risk-based approach to AML and to introduce you to some of the standard processes and procedures that apply when a firm takes a risk-based approach to customer due diligence (CDD). Useful in both the private and public sectors, the programme offers a blended solution combining more traditional training with the flexibility of e-Learning.

With a testing module and an advanced Learner Management System allowing you full auditability, the programme is a very cost-effective substitute, or excellent complement to, face-to-face anti-money laundering training.

Course content

• What is money laundering? Distinguishing theory from practice
• Examination of the enactments relating to money laundering and terrorist financing
• How to risk rate clients
• Ascertaining and understanding the rationale for customer relationships
• How to recognise and report suspicious transactions
• Dangers of tipping-off
• Exercises
• Case studies
• Online assessment

Key features

• Jurisdiction specific (UK, Jersey, Guernsey, IOM, Luxembourg, Singapore, Hong Kong)
• Highly relevant (various industry-specific case studies)
• Full testing functionality
• Learner Management System for full auditability
• Cost-effective
• Bespoke options available (after consultation)

For a web-based trial demo, please contact Rainee Rice at raineerice@jerseyibs.com or telephone 07797 731268

Rainee Rice

Rainee has over 30 years experience in working in a variety of roles with leading law firms Baker & McKenzie, Minter Ellison and McCaw Johnson in Australia. She moved to Jersey in 2000 and joined Bailhache Labesse, one of the predecessor firms of Appleby, until 2010 with the last 5 years as a fee earner in the Property Group.

Rainee brings to Jersey International Business School professional expertise and practical experience in compliance responsibility which includes the preparation, collation and interpretation of client completed Anti-Money Laundering questionnaires. Together with the obtaining and verification of large volumes of CDD/KYC documentation involving residential purchasers, buy-to-let investors and company acquisitions on large residential developments in Jersey.

Rainee is a qualified and Lifelong Learning Sector Tutor and is dedicated to the advancement of our E-Learning Programmes.