Anti-Money Laundering – Risks and Compliance - 6 April 2017 (On Demand)

Description

The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (AML/CFT Act) will be extended in 2017 to include Lawyers, Conveyancers and Accountants.

This webinar will be a broad based session covering the following areas:

  • The Money Laundering risks faced by Lawyers, Conveyancers and Accountants 
  • Red Flags and indicators of suspicious activity to look out for 
  • Key compliance requirements under the AML/CFT Act. 
  • More detailed discussion on Customer Due Diligence (CDD) requirements, which are the cornerstone of an effective AML/CFT regime but also an area of ongoing concern to the AML/CFT Supervisors. 

The webinar will be applicable to all lawyers, conveyancers and accountants who provide the services that will bring them into the scope of the AML/CFT Act.

LEARNING OUTCOMES

Attendees will gain an understanding of:

  • The Money Laundering risks faced by Lawyers, Conveyancers and Accountants
  • Red Flags and indicators of suspicious activity to look out for
  • Key compliance requirements under the AML/CFT Act (with detailed focus on Customer Due Diligence requirements).

SUITED TO

All lawyers, conveyancers and accountants who provide the following services and will be captured by Phase II of the Anti-Money Laundering and Countering Financing of Terrorism Act 2009:

  • acting as a formation agent of legal persons or arrangements.
  • acting as, or arranging for a person to act as, a nominee director or nominee shareholder or trustee in relation to legal persons or arrangements.
  • providing a registered office or a business address, a correspondence address, or an administrative address for a company, a partnership, or any other legal person or arrangement.
  • managing or arranging client funds, accounts, securities, or other assets.
  • engaging in or giving instructions in relation to any conveyancing on behalf of a customer in relation to the sale or purchase, or the proposed sale or purchase, of real estate.
  • engaging in or giving instructions in relation to transactions on behalf of any person in relation to the buying or selling of real estate or businesses.
  • engaging in or giving instructions in relation to transactions for customers related to creating, operating, and managing companies.

ORIGINAL BROADCAST DATE

6 April 2017

PRESENTER

Martyn Solomon, Associate Principal – Audit & Assurance, Crowe Horwath

1.25 CPD hours

  • On Demand Event
    Complete online in your own time (Self-paced)
    • $180.00 excl. GST

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One-connection-one-fee

Our webinars operate on a 'one-connection-one-fee' basis so you can have your whole team participate for one cost effective price and claim CPD points.

Sole practitioners

A discount on webinars is available for sole practitioners. Please contact us at NZ‑learning@wolterskluwer.com to confirm eligibility.