Improve your experience. We are very sorry but this website does not support Internet Explorer. We recommend using a different browser that is supported such as Google Chrome or Mozilla Firefox.

Anti-Money Laundering 2021

An essential update for insolvency professionals

Description

Everyone working in the insolvency profession must be made aware of the Anti-Money Laundering (AML) legislation and of situations which may present heightened risks of money laundering or terrorist financing activity.

Not only is it a legal requirement to receive appropriate training in these areas, your training should be refreshed annually in order to protect yourself and your firm from possible exploitation as a professional enabler.

Written specifically for insolvency professionals by a licensed practitioner with over 25 years’ experience, this training provides useful and practical information to assist you in countering the AML risks that insolvency practitioners face in their daily work.

CPD Learning Outcomes

In this vital annual update on the UK’s anti-money laundering regime, we focus on pitfalls around Customer Due Diligence for insolvency practitioners, the heightened AML risks we face as we emerge from the coronavirus pandemic and refresh your knowledge of the possible offences that can be unwittingly committed under the Proceeds of Crime Act 2002.

With billions of pounds having been expended in supporting UK businesses by HM Treasury, this training will examine what this may mean in terms of your Suspicious Activity Reporting obligations and keep you abreast of the latest guidance from AML Supervisors and the National Crime Agency.

Benefits of ISS online Learning

Flexible participation at a time convenient to both the participant and their employers

Your staff will receive up to 3 months to complete their training, though we can shorten this period at your request.

Accessible delivery
ISS Online Learning utilises the ISS Moodle School, a trusted and widely-used virtual learning environment which is accessible via desktop and mobile devices, 24/7.

Supporting materials for future reference
Our training is accompanied by pdf copies of the slide presentations and guidance materials that you can retain for future reference.

Knowledge checking to reinforce learning
The mandatory course knowledge check means that you can be assured that team members have properly assimilated their training, so you can feel confident that positive learning outcomes have been achieved.

Certification to evidence individual participation
Individual certification enables you to demonstrate the provision of appropriate training to your AML Supervisor, should you be called upon to do so.

Provision of metrics to employers
We can help you to keep track of your team’s progress by providing metrics on participation and completion activity at agreed intervals and send reminders to staff at agreed intervals.

Cost

Single individual         £75 plus VAT
5 person package       £200 plus VAT
20 person package     £700 plus VAT
50 person package     £1,500 plus VAT

For package bookings, please email courses@insolvencysupportservices to book. 

IPA Members can receive a 10% discount on booking, quoting the code: IPA10 at the time of booking.

For groups in excess of 50 persons, please contact courses@insolvencysupportservices.com to discuss your requirements, and for a quotation.

Our packages are flexible and last for 6 months from purchase. It is not necessary for all of the participants within a package to be enrolled on the course at the same time, so if you expect to recruit additional personnel over the coming months, this training can be made available to them at a later date.

Who Should Attend

This course is intended for all persons working within the insolvency profession and assumes a basic prior understanding of the UK anti-money laundering regime

What our clients say

”The podcast was excellent. Well paced, good content and excellent diction which makes it so much easier to follow.”

“All at our office gave it the thumbs up.”

“Using ISS Training online learning has meant we have been able to meet necessary staff training demands with an approach that has allowed staff to gain the essential knowledge at their own pace, working around the ongoing demands of the day job. The internal feedback I have received has all been very positive, complimenting in particular the clarity of the presentation and the ease of assessment.”

Similar courses

Insolvency (Scotland) Rules - 6 months on

The long awaited Scottish corporate insolvency rules finally came into effect on 6 April 2019, heralding a modernisation of process and language, and radically altering the way that we communicate with creditors. As always with substantive new legislation, it’s only after it is in force for a while, that issues arise, or interpretations vary.

More Information
Anti-Money Laundering 2020 (Including 5MLD changes)

Meet your annual AML training obligation with the ISS online Anti-Money Laundering Update.

More Information
Scottish Corporate Insolvency Conversion Course

The bulk of your work will be appointments under English jurisdiction, the UK Insolvency Act and the English Insolvency Rules. There is no geographic restriction on where your appointments are located however, so when a Scottish appointment hits your desk, are you fully up to speed with the Scottish Rules and the legal differences north of the Border?

More Information
Administration and SIP 16

The rescue procedure of choice, administration gives us a flexible option to a myriad of business recovery situations.

More Information
Company Voluntary Arrangements and SIP 3.2

CVAs are designed as a solution for resolving a company’s cash flow issues, or de-leveraging a debt-heavy but viable business. But what are the underlying factors that make them successful, and what do you need to consider before starting the statutory process?

More Information
English Corporate Insolvency Conversion Course

The bulk of your work will be appointments under Scottish jurisdiction, the UK Insolvency Act and the Scottish Insolvency Rules. There is no geographic restriction on where your appointments are located however, so when an English appointment hits your desk, are you fully up to speed with the English Rules and the legal differences south of the Border?

More Information
Tax in Insolvency

The speed of change in insolvency statute is matched by the speed of change in tax legislation. As IPs, we need to understand the tax regime of an industry, tax implications of continued trading and how we structure any sale of the business in a tax efficient manner. With HMRC active in recoveries, and with new collection processes at their disposal, we will look at when we can challenge claims from HMRC.

More Information
VAT in Insolvency

As IPs running our own business, we need to keep up to date with the implications of the VAT regime. It’s equally important that we bring our expertise to businesses to which we are appointed, and understand the VAT regime of an industry, implications of continued trading and how we structure any sale of the business in a tax efficient manner.

More Information
Employee Claims / Pension Issues for IPs

The rights of employees in insolvency proceedings are determined by a number of legislative provisions which derive from both domestic and EU regulations. Their entitlements include rights to be consulted, protection for their pension and claims against the National Insurance Fund, HMRC and the insolvent company.

More Information
Fee Approval and Pitfalls (E&W)

Regulatory attention is never far away from the topic of insolvency practitioners' fees. With seemingly ever diminishing levels of creditor engagement, getting approval for fees and expenses can present a time-consuming challenge.

More Information
Fee Approval and Pitfalls (Scotland)

Regulatory and judicial attention is never far away from the topic of insolvency practitioners' fees. In Scotland we rarely work with a committee or a commissioner, and invariably a Court Reporter or the Accountant in Bankruptcy is appointed to approve our fees and expenses. This can still present a time-consuming and expensive challenge, so how do we get it right?

More Information

Press enter to see more results