Financial Crime Risk

Now Available On-Demand

Paul Coady, CEO of Compliance AMD and former Global Head of Financial Crime Risk at Deutsche Bank, delivers essential guidance for Irish brokers navigating financial crime compliance. This comprehensive session covers AML/CTF obligations extending beyond designated persons, including general insurance brokers' criminal responsibilities. Topics include money laundering mechanics, terrorist financing distinctions, sanctions screening across UN/EU/OFAC lists, and extraterritorial bribery and corruption risks under UK and US laws. Coady emphasizes practical controls: refusing cash, enhanced CDD procedures, real-time sanctions monitoring, and robust suspicious activity reporting. The webinar highlights deterrent strategies, beneficial ownership verification, and the critical importance of maintaining detailed audit trails for regulatory compliance.

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