Licence as a MLRO

You are newly appointed as an MLRO? You learn with the course Licence as a MLRO the following skills:

Complete overview of the latest developments concerning the German Act AML
Limitation of the personal liability risks for the MLRO
Which approaches exist to avoid financial losses and liability cases?
Due diligence obligations and actions strategies in practice

Licence for AML Officers

Your benefits: Licence as a MLRO

Optimal limitations of the risk of liability cases
Tasks, rights und obligations
Due diligence obligations and action strategies
Test security at the prepartion of the risk assessment

Your advantage: Licence as a MLRO

Each participant receives the following S+P products:

+ guideline for the direct implementation of the anti-money laundering and fraud system (No. of pages: approx. 80)

+ guideline for the preparation / update of a risk analysis (No. of pages: approx. 20, Word doc.)

+ certificate of participation as verification of the advanced training and certification proof for submission to the BaFin for examination

Target group: Licence as a MLRO

Managing directors, board members, financial service providers, insurance companies, leasing- and factoring companies,
MLROs, deputy AML officers, designated representatives, professional and managerial staff in the field of compliance, central function MLRO,
internal audit and members of the legal department

Optimal limitations of the risk of liability cases for representatives / the central office

> Liability-related guarantor status – BGH (Federal Court of Justice) judgement of 17 Juli 2009 on the responsibility of representatives

> Limitation of the risk of liability cases for MLROs and representatives of the central office –Minimum requirements to the internal organisational measures

> How do risk controlling, compliance, MLROs and internal audit work together ?

> 5 steps for the optimal risk limitation of representatives

Tasks, rights and obligation of the MLRO

> Which requirements have to be obeyed by the MLRO ?

> Competence centre MLRO: tasks, rights and obligations of the central office (AML officer and representative for economic crime)

> Case studies and practical cases: establishment of appropriate safety measures, development of action strategies, emergency and escalation procedures

> Risk management, control measures and audit procedures of the central office

> Suspicion reports and behavior in the case of suspicion

Tips for implementation
+ Implementation of the S+P Checklist on the duties of the German Act AML

Due diligence obligations and action strategies of the MLRO in practice

> Overview of the due diligence obligations – Interpretation and application notes of the German Banking Industry Committee for prevention money laundering, terrorist financing and „other offenses“

>Target-oriented implementation of the due diligence obligations by the MLRO

> Identification procedures

>Recognition and monitoring of politically exposed people and high-risk customers

> Target-oriented embargo and sanction monitoring – What do I have to take into account?

Tips for implementation
+S+P work instructions on the defence of money laundering and economic crime

In which areas did serious acts of economic crime take place in the past?

> Characteristics, motives and typical profiles of offenders

>Action strategies for unusual and conspicious business relationships or transactions

> Special measures against fraudulent activities or any other criminal offenses

> Fight against fraud according to § 25h KWG: emergency response, preventive measures and immediate measures

> Application notes, case studies and practical experience

Tips for implementation
+ S+P guideline on the fight against fraud and the defence of any other criminal offences
+ S+P Checklist on the prevention of external and internal offenses.

Test security at the preparation / update of the risk analysis – organization of the system of registration of suspicion cases

> 5th EU Money Laundering Directive – Latest supervisory and audit relevant requirements

>Development, structure and content of a risk analysis with the focus on money laundering and economic crime

> Risk inventory and audit-proof classification of risks

> New instructions of interpretation and implementation on the system of registration of suspicion cases

>When and how to report suspicions?

> Report of suspicions – Interfaces to investigating authorities

Tips for implementation

+ S+P guideline on the actualisation and update of a risk assessment

+ S+P Checklist for a legally compliant suspicion

Compliance & Geldwäschebeauftragter – Licence as a MLRO

Seminar Geldwäschebeauftragter: Geldwäsche und Fraud – Basisseminar

Seminar Geldwäschebeauftragter: Geldwäsche und Fraud – Aufbauseminar

Seminar Geldwäschebeauftragter: Geldwäsche & Fraud – Update

Seminar Geldwäschebeauftragter: Geldwäsche & Fraud – Forum

Seminar Geldwäschebeauftragter: Gefährdungsanalyse – Prüfung 2017

Seminar Geldwäschebeauftragter: Aufbauseminar – Geldwäsche und Wirtschaftskriminalität

Seminar Geldwäschebeauftragter: Geldwäscheprävention für Güterhändler

Seminar Geldwäschebeauftragter: Geldwäscheprävention für Immobilienmakler

Seminar Geldwäschebeauftragter: Geldwäscheprävention für Leasing- & Factoring-Unternehmen

Seminar Geldwäschebeauftragter: Geldwäscheprävention für Versicherungsunternehmen

Seminar Geldwäschebeauftragter: Geldwäscheprävention für Spielbanken und Veranstalter/Vermittler von Glücksspielen im Internet