Expert-Led AML Training for Accounting Professionals
ABM Digital Training delivers comprehensive Anti-Money Laundering (AML) training specifically designed for accountants. Our FCA-recognized program combines regulatory expertise with practical implementation strategies to ensure your practice meets all compliance requirements.
Meet Our Expert Training Team
ABM Ashabul Hossain, FCCA, FCPA, MICA, MCSI
Chief Training Officer & AML Specialist
- 30+ years in financial compliance
- Former FCA Technical Advisor (2010-2015)
- Author: “Implementing AML Controls in Accounting Practices” (2023)
- Regular contributor to Accountancy Age on AML compliance
- Member: International Compliance Association Board
Shahid Mahmood, FCCA, CAMS
Lead AML Trainer
- 15 years in AML compliance
- Former Deloitte Risk Advisory Manager
- Developed AML frameworks for Big Four firms
- Certified Anti-Money Laundering Specialist
- FCA-approved trainer since 2018
Understanding Your AML Obligations
Current Regulatory Framework
Source: Financial Conduct Authority Handbook, SYSC 6.3
Money Laundering Regulations 2017
- Risk assessment requirements
- Customer due diligence measures
- Enhanced due diligence procedures
- Record-keeping obligations
- Staff training requirements
Recent Updates
As of April 2024
- Strengthened beneficial ownership requirements
- Enhanced risk assessment procedures
- Updated CDD requirements for remote clients
- New SAR filing guidelines
Comprehensive Training Modules
1. Customer Due Diligence (CDD) Implementation
Based on MLR 2017 Regulation 28
Basic CDD Procedures
- Client identification requirements
- Document verification standards
- Beneficial ownership determination
- Business relationship purpose assessment
Enhanced Due Diligence (EDD) Requirements
- High-risk client identification criteria
- Additional verification procedures
- Source of funds verification methods
- Enhanced monitoring protocols
2. Risk Assessment Framework
Aligned with FATF Risk-Based Approach Guidelines
Client Risk Assessment
- Risk factor identification matrix
- Scoring methodology
- Risk mitigation strategies
- Ongoing monitoring procedures
Transaction Monitoring
- Red flags identification guide
- Suspicious pattern recognition
- Transaction screening procedures
- Record-keeping requirements
3. Suspicious Activity Reporting
Based on NCA Guidelines
SAR Filing Procedures
- Identification triggers
- Information gathering requirements
- Filing process walkthrough
- Post-filing actions
Real-World Implementation Examples
Case Study 1: Small Accounting Practice
Challenge: Implementing cost-effective AML controls Solution: Streamlined CDD process with digital tools Result: 40% reduction in compliance costs while maintaining full FCA compliance
Case Study 2: Mid-Sized Firm
Challenge: Failed FCA audit due to inadequate CDD Solution: Comprehensive staff training and process revision Result: Passed follow-up audit with distinction
Practical Implementation Tools
Digital Compliance Toolkit
- CDD automation templates
- Risk assessment calculators
- Transaction monitoring logs
- Staff training records
- Audit trail documentation
Reference Materials
- Regulatory updates digest
- Best practice guides
- Implementation checklists
- Process flow charts
Training Delivery Options
Virtual Live Training
- Interactive online sessions
- Real-time case studies
- Practice exercises
- Expert Q&A sessions
In-Person Workshops
- Hands-on implementation
- Peer learning opportunities
- Direct trainer support
- Network building
Hybrid Learning
- Flexible scheduling
- Personalized support
- Progress tracking
- Resource access
Investment Options
Essential Package (£££)
- Comprehensive training modules
- Basic implementation tools
- Digital compliance toolkit
- 6-month support
- FCA-aligned certification
Premium Package (£££)
- All Essential features
- Advanced implementation tools
- Customized policies
- 12-month premium support
- Quarterly compliance reviews
Free Resources
Downloadable Materials
- AML Compliance Checklist
- CDD Templates
- Risk Assessment Matrix
- SAR Filing Guide
- Staff Training Log
Monthly Updates
- Regulatory changes digest
- Case law summaries
- Implementation tips
- Industry best practices
Contact Our Expert Team
Schedule a free consultation to discuss your specific needs:
Phone: +44 207 515 7080
Email: info@abmdigitaltraining.com
Address: Suite 3h & 3g, 10-16 Tiller Road Canary Wharf, London, E14 8PX
