The activities in this pathway provide a comprehensive look at the role and responsibilities of the money laundering reporting officer (MLRO), such as monitoring compliance training, reporting suspicious activities and managing the risk of money laundering. You will also discover what the MLRO's legal obligations are under the regulations that governs this type of financial crime.
This course is suitable for all audiences.
When you've completed all of the activities in this pathway, you should be able to:
- explain the role of the MLRO
- identify the main legislation the MLRO should be familiar with
- explain how the MLRO manages anti money laundering using a risk-based approach
- explain how the MLRO monitors anti money laundering training and compliance in a firm
- explain how the MLRO makes a suspicious activity report
- identify the MLROs responsibilities when making an annual report to directors.
