Ireland’s Financial Sector to Receive AML/CTF Best Practice Update

Ireland’s Ongoing Efforts Against Money Laundering and Terrorist Financing

As part of its ongoing efforts to combat money laundering and terrorist financing, Ireland’s financial sector is set to receive an update on best practices in anti-money laundering (AML) and countering the financing of terrorism (CFT). The update will take place on June 12th and promises to provide valuable insights for professionals working in the industry.

One-Hour CPD Session: Exploring AML/CTF Best Practices

The one-hour CPD session, hosted by SCSI Events, will explore a range of topics including:

• Definition and importance of AML/CFT
• The three stages of AML
• What constitutes an offence under Irish and EU legislation
• Role of the Financial Action Task Force (FATF) and the regulatory framework in Ireland

Attendees can expect to gain a deeper understanding of:

• Ongoing monitoring requirements for companies
• Risk-based approaches
• Roles and responsibilities of professionals such as directors and money laundering reporting officers
• Consequences of failing to comply with AML/CFT regulations

Expert Leadership: Mags Connolly

Leading the discussion is Mags Connolly, an expert in financial services training and development with over 30 years’ experience. With a background in accounting, compliance, and leadership, Connolly has established herself as a leading authority on AML/CFT best practices.

Event Details

The CPD session will be held online from 1pm to 2pm on June 12th and is worth one hour of CPD credit. To book your place or learn more about the event, contact Grace O’Doherty at SCSI Events on 01 644 5511 or email events@scsi.ie.