This online CPD course will focus on a review of the impact of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2018, incorporating:
- The benefits of appointing an MLRO
- The decrease in the level of beneficial ownership thresholds
- The revision to the Business Risk Assessment to be completed annually by all firms
- The components of good Customer Due Diligence
- The introduction of Politically exposed persons and enhanced procedures
- The concept of privilege reporting exemptions
CDP Course Facilitators:
Garret Wynne: Practice Support, OmniPro
As one of the lead members of our Practice Support team, Garret’s focus is on helping practices achieve on-going best practice compliance, prepare for monitoring visits and deal with disciplinary issues.
A former quality reviewer with Chartered Accountants Ireland, he has worked with all institutes, including CAI, ACCA, CPA, IIPA, ICAS and ICAEW, and solely as an external quality assurance reviewer for an accounting institute under contract with OmniPro.
In his wider role with our Practice Support team, Garret provides technical support to OmniPro clients; contributes to our online information products and toolkits and is a regular speaker at OmniPro live and online CPD events. While working in practice, Garret’s roles included Audit Director with FGS/Moore Stephens Caplin Meehan (now part of Grant Thornton) and Audit Manager with PwC, where he worked with a range of clients from small owner-managed businesses through to the subsidiaries of listed entities.
Des O’Neill – Co-Founder and Managing Director, OmniPro
Having worked for a number of years in practice, Des O’Neill co-founded OmniPro to develop tools, techniques, products and services, empowering accountants to achieve their best. Over 15 years, he has grown the company to a multi-million-euro turnover business and established OmniPro as Ireland’s largest independent provider of CPD for accountants.
Des speaks regularly, at national and international fora, on practice development, auditing, accounting, company law and regulation. He is passionate about bringing innovation to the profession and empowering accountants to achieve what they want in their careers and practice.