This course will be repeated: 21 January am/pm, 28 March am/pm18 June, 3 October am/pm

Senior financial crime compliance managers are under increasing pressure to retain, maintain and enhance their skills and knowledge, whilst managing risks according to a risk-based approach. Senior Managers who do not keep abreast of legal and regulatory changes may face personal accountability and enforcement action, as evidenced by Steven Smith most recently (FCA v Sonali Bank).

This page is for the 28th March PM


Delegates will be provided with the opportunity to learn more about the very latest international financial crime regulatory developments and benchmark their personal skills and knowledge amongst a peer group of senior risk compliance professionals.

The workshop has been designed to support delegates who wish to continue to develop and maintain an ‘advanced’ level of understanding of financial crime risk management responsibilities. This includes conducting a detailed review of regulatory requirements, including details of the very latest from the FCA on the regulatory expectations under the Senior Manager Regime, and providing delegates with a detailed understanding of how these laws and regulations apply to operational activity and the role and responsibilities of the MLRO and Nominated Officer.


By attending this session you will:

  1. Delegates will learn more about the role and responsibilities for senior financial crime managers.
  2. Conduct a review of the latest international regulatory developments and future legislative and regulatory changes.
  3. Review of the latest developments concerning inter-government led efforts to improve transparency in beneficial ownership, mitigate tax evasion and identify bribery and corruption, and financial crime trends and typologies.
  4. Learn more about the very latest UK FCA, US OFAC, OCC and FinCEN news and enforcement actions relating financial crime non-compliance.
  5. Analyse some key case studies concerning individual accountability and failings

Who should attend

Senior operational risk professionals including MLRO’s, Deputy MLRO’s and nominated officers, and those who are preparing for appointment to these roles.

The course is open to both regulated and non-regulated sector risk management professionals including lawyers, accountants, real estate professionals, payment services and money value transfer operators, high value dealers and the gambling sector.

The course is a must-attend for representatives of the cryptocurrencies sector who will be regulated under the Fifth EU Directive.


  • Emerging transnational organised crime risk threat assessment and trends including: money laundering; financing of terrorism and proliferation; fraud; sanctions evasion; tax evasion; bribery and corruption; modern slavery and human trafficking
  • Senior Manager Accountability, and the role and responsibility of the MLRO and Nominated Officer, including financial crime compliance reporting responsibilities and management information in the UK
  • Summary of the very latest international regulatory enforcement action and case studies
  • UK, EU and US legal developments including the Fourth (Fifth and Sixth) EU Directives, UK Money Laundering Regulations 2017, POCA 2002, SOCPA 2005 Terrorism Act 2000, Bribery Act 2010, Criminal Finances Act 2017, US Patriot Act and Foreign Corrupt Practices Act
  • Regulatory and guidance developments including from the Financial Action Task Force, Wolfsberg, OECD, Basel, Transparency International and the United Nations
  • UK National Crime Agency, US FinCEN, Europol and Egmont Group
  • The risk-based approach and performing a risk assessment of jurisdictions, sectors and customers
  • Customer Due Diligence; Simplified, Standard and Enhanced Due Diligence risk management under the risk-based approach
  • Investigating and reporting knowledge or suspicious activity under the UK POCA and SOCPA and US FinCEN rules
  • External reporting standards and whistleblowing procedures
  • Regulatory horizon planning for key future financial crime compliance developments in 2018 and beyond


Registration:  13:30
Start:  14:00
Close: 17:00

* Please note that the workshop sequence and/or subject matter may differ from that described here.  The programme is constantly being updated to embrace new ideas and developments as they evolve


Lee Byrne is a highly respected risk and compliance professional, with more than 30 years international operational and management experience covering sales and back-office roles.

During this time, he has held the position of Head of Compliance and Financial Crime and was approved as the CF11 Money Laundering Approved Person and Nominated Officer of a UK authorised bank. Other roles have included being the Data Controller, Quality Assurance Training Manager and Compliance Monitoring Manager of a UK retail banking branch network.

For the past four years he has been at the forefront of the design and delivery of financial crime risk management education and training and is widely regarded as being one of the foremost AML and CFT educators and learning facilitators. A recent highlight was to be selected by the world’s largest trade finance bank to present trade-based money laundering training to representatives of the Monitor appointed by the US Department of Justice.

Lee has worked in a range of regulated sectors and markets, and this work has taken him to Hong Kong, Singapore, India, Indonesia, Mexico, Brazil, Russia, Europe and the Middle East, giving him helpful insights and knowledge of international regulations and best practices.


Take this training in-house

If you have five or more delegates who wish to attend this briefing, it may be more cost effective to run it in-company. To find out more about in-company training, please contact the team on +44 20 3934 1014 or

Best Practices for the MLRO and Compliance Officers in Your Firm (PM)
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Workshop Details

UK Finance, 5th Floor
Angel Court
London, EC2R 7HJ
Time: 14:00 - 17:30

Start Date: 28th March 2019
End Date: 28th March 2019


£350 (+VAT) – Members
£440 (+VAT) – Non-members