Insurance professionals keen to keep up with the latest anti-money laundering measures will have the chance next week when top Bermuda lawyer Barry Meade, QC, gives his annual morning seminar at the Bermuda Insurance Institute.

Top on the list of hot topics this year are proposals to include more insurance companies in the Proceeds of Crime Legislation.

And while Mr. Meade, who is the compliance officer at Appleby Spurling and Kempe, said that very little evidence of money laundering has been found on the Island, there are more and more international regulations that had to be abided by.

?The seminar will provide a general overview of the present legislation, and will be good for others who have taken the course before and want to refresh their knowledge,? said Mr. Meade.

Mr. Meade said that it was important for the insurance industry to keep up to scratch with industry norms, and courses like this one were proving popular.

He last gave the morning seminar a year ago, and now it appears it will become a regular yearly event.

The session hopes to provide a quick overview of the legal framework governing financial professional conduct for preventing money laundering activity, what is meant by money laundering and the legal obligations employees have in terms of preventing money laundering.

The morning course will also look at what this means in terms of the day-to-day activity within the organisation and recommend procedures to disclose unusual transactions as well as a look at what types of activities may suggest an attempt at money laundering.