The definitive guide to Anti-Money Laundering compliance.
The 2020 Handbook gives the MLRO clear and accessible guidance on complying with the latest regulatory amendments introduced under the 5th Directive, and technical advice on the impact of Brexit on relevant legislation.
Straightforward guidance – pinpointing the new controls and procedures you need to implement in order to comply with the 5th Directive’s changes to the due diligence process.
A comprehensive guide for regulated businesses – the Handbook is set out in an easy-to-follow ‘Ten Step’ format, with chapters covering specific sectors and jurisdictions, and an additional section on Bribery & Corruption risk.
No-risk purchase offer – order the Handbook today and we’ll send it out to you straight away. If you decide not to keep it you can return it within 14 days for a full refund.
Revised and updated annually
The 10 step guide to effective risk management
With specific notes for Accountancy Firms; Property Agents; FCA-regulated Firms; Law Firms; and for Guernsey, Jersey, and the Isle of Man.
Free template documents
As a buyer you’ll receive sample policy and procedure documents and ready-made forms and checklists in Word™ format to adapt for your firm.
A rapid action plan
All the essential information is here in a highly accessible format – with a straightforward action plan to help you meet your compliance goals.
The Money Laundering Officer’s Practical Handbook is an indispensable guide to implementing a robust compliance regime within the 2020 regulatory environment:
The Handbook sets out a straightforward ten step route to compliance. Each step includes a concise action plan, with sample policies, controls and procedures, supplemented with clear and comprehensive guidance notes:
- Step 1: Assessment of money laundering risk.
- Step 2: Verification of identity.
- Step 3: Knowing your client’s business.
- Step 4: Ongoing monitoring.
- Step 5: Record-keeping.
- Step 6: Internal suspicion reporting.
- Step 7: Disclosure to the authorities.
- Step 8: Freezing transactions and consent to continue.
- Step 9: Training.
- Step 10: Monitoring and management of compliance.
A following section provides an explanation of the latest regulatory environment, including relevant international standards, a breakdown of money laundering offences and defences, with notes on the rules that apply in specific business sectors and key legislative developments.
Further sections offer additional notes on the ten step process, pinpointing the specific approach that must be taken for the following business sectors and jurisdictions:
- FCA-regulated firms and institutions
- Law Firms
- Accountancy Firms
- Estate Agents
- Guernsey, Jersey and the Isle of Man
A separate section offers guidance on Bribery & Corruption, including the assessment of risk and how to set out policies and procedures for your firm.
An appendix section includes a full set of template forms and checklists for your own use.