Overview
The FCA has recently published findings of its review as to how effectively firms are following its 2017 Guidance on the Treatment of Politically Exposed Persons.
In this webinar, Bruce Viney reviews the issues arising from the review and what they tell us about FCA expectations with regards to PEPs, including:
- What were the findings of the review?
- What are the implications for all firms?
- How do I apply these in my own firm?
Who should attend?
This webinar is intended for anyone who has oversight of AML/CTF regimes in firms, including those responsible for signing off on PEP relationships. This would include Compliance and Financial Crime Compliance officers, MLROs, Heads of Compliance and relevant Senior Management.
Why should you attend?
PEPs represent a high risk for AML and CTF purposes and firms are expected to take a risk-based approach to managing PEPs. The FCA review represents concerns that firms have not managed PEP risk in a consistent way and in accordance with their 2017 Guidelines. By attending this webinar you will gain a clear understanding of the expectations of the FCA and how you can apply these within your firm.
Speaker bio
Bruce Viney, Director of Financial Crime Compliance Training
Bruce has been working in financial services for nearly 40 years, 25 of these as a learning professional focusing on compliance for a wide range of financial services companies, mainly through the analysis, design, creation and implementation of global training programmes for Tier 1 Banks and FTSE 100 companies. He has been Global Head of Compliance Learning for such firms three times and has provided compliance learning consultancy to similar companies many times.
Bruce has also provided compliance training and consultancy in other fields such as real estate, industrial supply chains, charities, payment services providers, gambling and casinos and many others. He works as a compliance and training consultant for the pharmaceutical industry.
A former Director of Training for CISI, Bruce has extensive experience of compliance and financial services related qualifications and qualified as a Chartered Accountant with Price Waterhouse (as it was then known).
Bruce provides excellent training events on compliance, with a specific focus on financial crime, including all aspects of anti-money laundering, anti-bribery and corruption, fraud and sanctions.
