Why bringing in an AML trainer is a good idea
Why bringing in an AML trainer is a good idea
19 APR 2023
In New Zealand’s current economic environment, financial crime, such as money laundering and terrorist financing is unfortunately increasing every day and becoming more challenging for businesses to combat. Anti-Money Laundering (AML) compliance has also become more complex with supervisors becoming more stringent in their oversight. As a result, reporting entities are increasingly seeking the help of AML experts to help them navigate this complex landscape.
AML training is essential for individuals working in the financial sector as it can provide them with the knowledge and skills they need to help their reporting entities comply with regulatory requirements, prevent financial crimes, and mitigate risks. AML experts can help identify, assess, and manage risks, develop effective AML policies and procedures, and provide training to employees on AML best practices.
Having an AML expert on your team can also help you stay up to date with changing regulations, as well as emerging trends and threats in the financial crime landscape. This knowledge can help you develop effective strategies to prevent and detect financial crimes and ensure you remain compliant with regulations.
We offer bespoke training (one on one and group training) delivered by our leading in-house AML/CFT expert Royden McGee. Royden is Head of Strategi AML/CFT and a certified anti money-laundering specialist (ACAMS) with many years of experience in the field. If you need assistance with any aspect of AML/CFT please don’t hesitate to contact Royden directly for a no-obligation chat.