AML Supervisory, Regulatory and Reporting Developments in 2025 (May 25)
Category: Law & Regulation and Compliance | Duration: 1hr | Tag: VODCLCOUK25D1S4 | Type: Video | Course Level: Need to Know | Speaker: Lucy Brown | Date: 22/05/2025 13:30
Course Details
The Money Laundering Regulations and guidance are constantly under review, look at this presentation to find out about recent changes to your AML obligations and how you should be incorporating them into your firm's compliance programme.
In this course Lucy Brown covers the following topics:
- Overview of your obligations
- Updated LSAG guidance effective 23 April 2025
- Requirement to carry out a Proliferation Financing risk assessment
- Changes to the duty to report discrepancies
- Changes to domestic PEP risk assignment
CPD Course Speaker
Calathea Solutions Ltd
Lucy Brown
After initially working in a range of bookkeeping and accounting roles, Lucy took up a role in a team administering the £17 billion pension fund of one of the Top 3 UK banks. Later moving on to a project working with an international partner to scope a new pensions administration system. This work drew on expertise in:
• Workflow Management
• Process mapping
• Systems design
• Test design and implementation
• Interpretation of scheme rules and legislation
After a career break, Lucy went into practice as a bookkeeper, growing and developing a successful bookkeeping practice that she then sold. Whilst in practice as a bookkeeper, Lucy developed and implemented policy and processes to ensure that the business was compliant with all legislative requirements, including Anti Money Laundering legislation.
Having successfully sold the business, Lucy worked for one of the supervisory bodies supporting members to meet their legislative obligations and satisfy professional standards. In this role Lucy provided training, worked to raise awareness, and provided advice to a wide variety of members – alongside overseeing the mandatory penalty regime and developing an independent appeals process.
• Workflow Management
• Process mapping
• Systems design
• Test design and implementation
• Interpretation of scheme rules and legislation
After a career break, Lucy went into practice as a bookkeeper, growing and developing a successful bookkeeping practice that she then sold. Whilst in practice as a bookkeeper, Lucy developed and implemented policy and processes to ensure that the business was compliant with all legislative requirements, including Anti Money Laundering legislation.
Having successfully sold the business, Lucy worked for one of the supervisory bodies supporting members to meet their legislative obligations and satisfy professional standards. In this role Lucy provided training, worked to raise awareness, and provided advice to a wide variety of members – alongside overseeing the mandatory penalty regime and developing an independent appeals process.