Money Laundering
Down To You - Personal & Retail Investment
Made in the style of a contemporary television documentary, DOWN TO YOU features money laundering procedures and risks as they occur in the real world. Realistic examples are described by people who work in organisations not unlike yours, so that your staff and colleagues can relate personally to the messages conveyed.
The film DOWN TO YOU deals with the three key elements of money laundering compliance as they affect your staff and colleagues in their daily working lives:
• KYC
Starting with the need for care and judgement when verifying identity, the film goes on to stress the importance knowing and understanding your clients’ business – the underlying purpose of the services you are providing for them.
• Keep records
Real-life examples underline the value of keeping records of your dealings with your clients, as a way of helping to spot possibly suspicious arrangements, and as a means of demonstrating compliance should a problem arise.
• Report suspicions
The role of the Reporting Officer is made clear. Staff should not make judgements about whether a disclosure to the authorities is required in a particular circumstance – they should make an internal suspicion report so that the Reporting Officer can make the decision on disclosure.
Fully up-to-date with the Money Laundering Regulations, the Proceeds of Crime Act, and the Serious Organised Crime and Police Act, DOWN TO YOU also reflects the latest case law and the emphasis of the new JMLSG Guidance Notes.
Relevant to your business
DOWN TO YOU is produced in different versions dealing with episodes specific to particular businesses and professions.
The package includes:
• Training Film (20 minutes approx.) on DVD
• Trainer's Guide - A brief guide suggesting ways you may use the film within your own training programme, tailored to your organisation's individual requirements.
• Starter pack of 5 Personal Compliance Booklets - FSA rules require that all staff have access at all times to information on their obligations under the Money Laundering Regulations. Personal Compliance Booklets for your sector offer a convenient means of fulfilling this requirement. Additional quantities are available in packs of 20.
