Each firm has an Anti Money Laundering Reporting Officer (MLRO) to whom all suspicions should be reported in accordance with the firm’s own procedures. The procedures are designed to meet the obligations the firm has to mitigate the risk that it may be used by Money Launderers. Everyone within each firm receives regular training to enable them to recognise suspicious circumstances and to conduct their business in a way that ensures they comply with the requirements of the Anti Money Laundering Regulations, Proceeds of Crime Act (POCA) and Combating the Financing of Terrorism. Quarterly group meetings are held for the MLROs in our firms. Expert advice is provided by Teal Compliance with the latest best practice identified and emerging issues are discussed. Ways of improving procedures are suggested in the light of Teal’s expert advice and the ongoing experiences of members.
Other Services
We provide a wide range of services for our members apart from training. Please use the menu on the right for further details.