KPMG hosts training session for money-laundering reporting
Money-laundering reporting will be the focus for a training session held by KPMG Advisory Ltd later this year.
The two Money Laundering Reporting Officer Level Training sessions, which are being held at Crown House, 4 Par-la-Ville Road, Hamilton, on Tuesday, October 11 and Tuesday, November 15, between 3pm and 5pm, has been specifically designed for money laundering reporting officers.
The training session will provide a basic refresher on money laundering and terrorist financing, case studies of local and international examples of money laundering and terrorist financing, international anti-money laundering (AML) and anti-terrorist financing (ATF) developments, and common themes from the Bermuda Monetary Authority on-site inspections to date.
A insight from the Financial Intelligence Agency and Financial Intelligence Unit on suspicious activity reports and AML investigations, as well as the latest BMA and local regulatory developments will also be given.
The session will count towards minimum annual training requirements and provide attendees with an appropriate understanding of the current compliance issues.
For more information contact Charles Thresh, managing director at KPMG Advisory Ltd, on 294-2616 or e-mail charlesthresh[AT]kpmg.bm