11 December 2017

Key aspects of the money laundering regulation


Comprehensive coverage of the money laundering regulations, and how they affect the way that your firm should operate.

Who should attend?
This course will be of benefit to all those who work in the FCA regulated sector and need to be aware of the Money Laundering Regulations 2007 and the Money Laundering Directives. The course is aimed at an introductory level but staff working throughout the organisation that are familiar with this topic may benefit as well.

What you will gain

  • An appreciation of the key regulations for money laundering and terrorist financing
  • Comprehensive coverage of the Money Laundering Regulations with specific emphasis on the FCA regulated sector
  • A firm understanding of how the current regulations affect the way that your firm operates

Programme outline

  • Historical context
  • The FATF recommendations
  • The JMLSG guidance
  • The National Crime Agency
  • POCA 2002
  • The Terrorism Act 2000
  • The Money Laundering Regulations 2007
  • Other anti-money laundering law and regulations


  • The 3rd and 4th EU Money Laundering Directives
  • Business in the regulated sector
  • Exemptions

Risk-based approach

  • Objectives of a risk-based approach
  • Control procedures

Customer due diligence

  • Simplified

Enhanced customer due diligence

  • Simplified
  • Enhanced due diligence
  • Beneficial owners
  • Politically exposed persons
  • High risk jurisdictions
  • Ongoing monitoring
  • The effect on tipping off under POCA 2002

Financial sanctions

The current sanctions regime

Penalties for non-compliance

Policies and procedures

  • Record keeping
  • Reporting requirements
  • Staff awareness and training
  • Senior management responsibility
  • Reliance on third parties

Supervision and registration

  • Supervising the new regime

Registration processes


  • Supervisory authorities
  • Powers of the designated authorities
  • Penalties
  • Business relationships

The course starts at 9.00am. Lunch and refreshments are included.
6 CPD hours (where applicable). 

Booking Information

Date Location Price
11 December 2017 - 09:00 London Price: GBP 615.00
Member price: £553. CDS member price: £490. Plus VAT on all prices.
12 March 2018 - 09:00 London Price: GBP 615.00
Member price: £553. CDS member price: £490. Plus VAT on all prices.
29 October 2018 - 09:00 London Price: GBP 615.00
Member price: £553. CDS member price: £490. Plus VAT on all prices.

Key aspects of the money laundering regulation

CIMA members and students should log in to MY CIMA before booking to receive the appropriate discount. Save up to 30% with the CIMA Corporate Discount Scheme (CDS). Find out more at:

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If you have any queries please email or phone us on: +44 (0)3332 221608. Visit our booking page for information on how to book and pay.

The venue for this course will be confirmed 14 days before the scheduled date. 

CIMA Mastercourses are held in partnership with BPP.  

CIMA on demand is our range of online CPD courses specifically designed for busy finance and business professionals who need training that's convenient and will fit around their schedule. Find out more