New AML & Legislative Requirements
Speakers: Mike O’Halloran
AML remains a difficult compliance matter across accounting practices and is made all the more difficult with the recent implementation of the Criminal Justice (Money Laundering & Terrorist Financing) Act 2021. Firms are also subject to scrutiny during practice monitoring reviews from their regulating institute. This session will focus on the key matters to ensure your firm remains compliant in 2021. The course content will be as follows:
- AML legislative updates in 2021
- An overview of the monitoring approach & key weaknesses encountered on recent monitoring visits
- A practical guide for MLROs on how to remain compliant
- AML Red Flag indicators
- Completion of a firm wide risk assessment
CDP Course Speaker:
Mike O’Halloran: Practice Support Executive, OmniPro
Mike, a member of our Practice Support team, is a qualified Chartered Accountant and Chartered Tax Advisor. He is responsible for carrying out hot file reviews, cold file reviews, annual compliance reviews, in-house training & supporting firms on a day to day basis.
Formerly a quality reviewer with Chartered Accountants Ireland, this role saw him visiting firms of various sizes across Ireland conducting audit, non-audit and anti-money laundering visits. Prior to this he spent 12 years working in small and medium sized practices. In these roles, Mike has gained a comprehensive knowledge of the profession and has worked with a broad range of clients across many industries.