24 September 2020

Introduction to financial crime in financial services


An interactive one-day course that gives a practical account of the history of financial crime in financial services, the regulatory requirements for firms and an opportunity to discuss future challenges.

Who should attend?
Management, compliance and administration professionals whose companies are regulated by Financial Conduct Authority (FCA), particularly senior management, legal, compliance, internal audit and those employees at the coalface.

What you will gain
Financial Crime focuses on the day-to-day activity required in banks and other regulated firms to ensure that they and their honest customers are protected from any aspects of these crimes. Anti- money laundering (AML) controls are important to prevent financial crime and complying with regulations is vital for businesses to deter financial crime activity. Bribery and corruption are two separate yet interlinked concepts. Financial sanctions used to deliver public policy objectives have risen rapidly up the political agenda in the UK, elsewhere in the European Union and at the United Nations.

The Financial Conduct Authority (FCA) and Regulators across the world state that part of their responsibility is to ensure that the integrity of the markets are maintained. UK financial institutions are responsible for minimising their risk of being used for criminal purposes, particularly the facilitation of money laundering or terrorist financing.

This interactive one-day course gives a practical account of the history, the regulatory requirements for firms and an opportunity to discuss future challenges.

The course will:

  • Summarise the regulatory concerns about Financial Crime, Anti-money laundering, Terrorist Financing and Sanctions
  • Describe critical regulatory principles and specific risks to the financial services sector
  • Explain the practical implications of your organisations responsibilities
  • Challenge your current governance and operational oversight framework

Programme outline

The Fundamentals of Financial Crime

  • Explain the latest legislative and regulatory developments, at national and international levels, on financial crime prevention
  • Assess the impact of these developments on a firm’s strategy, regulatory-risk management, and client relations
  • Identify and assess the financial crime risks to which your business is exposed

Anti-Money Laundering

  • Examine the evolution of the Money Laundering Reporting Officer’s (MLRO) roles and responsibilities including Terrorist Financing (TF) Politically Exposed Persons (PEPs), and Proliferation Financing (PF)
  • Illustrate best practice for ongoing monitoring, suspicious activity reporting (SARs) and record-keeping
  • Identify key risks related to record keeping, conducting due diligence and ensuring employees are trained appropriately

Anti-Bribery and Corruption

  • Discuss the provisions and history of the Bribery Act 2010
  • Present the Ministry of Justices six principles in regards to best practice when adhering to the Bribery Act 2010
  • Demonstrate the importance of decision making and maintaining record keeping during a bribery investigation

Sanctions and Terrorist Financing

  • Discuss the HM Treasury sanctions list and the Joint Money Laundering Steering Group
  • Analyse the sanctions control framework including assessing the challenges of the 1st and 2nd line of defence
  • Assess best practice for legal and financial risks globally

Regulatory Expectations

  • Examine current regulatory trends locally, at a European level and globally
  • Review Financial Conduct Authority Thematic work on Good and Bad practices
  • Assessing governance oversight, management control and effective risk procedures

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

CIMA work in partnership with BPP Professional Education to offer CPD training courses

Booking Information

Date Location Price
24 September 2020 - 09:00 London Price: GBP 650.00
Member price: £585. Plus VAT on all prices.
19 November 2020 - 09:00 London Price: GBP 650.00
Member price: £585. Plus VAT on all prices.

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Introduction to financial crime in financial services

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In-house training 
We can develop tailored training programmes to enhance the finance and business skills of staff across your organisation. To discuss how we can meet your learning and development needs please email us.

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If you have any queries please email or phone us on: +44 (0)3300 603400.

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

CIMA work in partnership with BPP Professional Education to offer CPD training courses.  

This course will be delivered by BPP Professional Education Limited (“BPP”).  Accordingly, when you sign up for this course, CIMA will pass on the contact details you have provided to BPP so that they can contact you to complete your booking and process payment.  BPP will process any personal information it collects about you in accordance with its privacy policy, which is available at:

The information provided to BPP will not be used by BPP for marketing purposes.

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