Duration: 2 hours
Location: Cordium UK offices, 130 Jermyn Street, London, SW1Y 4UR
Cost: £299 + VAT
This succinct 2 hour course provides advice and guidance on compliance with the Statutory and Regulatory requirements relating to Politically Exposed Persons and Financial Sanctions.
If you have business relationships with customers, clients, investors, portfolio and/or investee companies and either your firm or your administrator “on-boards” them, the obligation is on your firm to ensure that appropriate risk based procedures are in place to determine whether you are entering into a relationship with a PEP and/or an entity against which there are financial sanctions.
Where a PEP or a sanctioned entity is identified Firms must ensure adequate measures are taken to mitigate the risk. Failure to evidence that these requirements are met will risk regulatory censure for non-compliance with one or more of the 11 Principles for business and the potential for prosecution.
This course is aimed at: Senior management, MLROs, Compliance Officers, Compliance staff, Auditors and all staff involved in client take-on
Maximum numbers: 12
This course can also be delivered as an onsite course or as an instructor lead course at a firm’s office.how to write an essay