events in ireland

I am looking for events in

Role of the MLRO in an Accountancy Firm

Reference:MLRO24
This event is now over.

Overview

The role of the MLRO in an accountancy firm carries with it serious obligations under the Criminal Justice (Money Laundering and Terrorist Financing) Acts 2010 to 2021.

It also carries personal liability. Failure to discharge the duties under the legislation could result in the MLRO being liable to a fine and up to five years’ imprisonment, or both.

Learning Objectives

The course will examine the main responsibilities of the Money Laundering Reporting Officer (MLRO) under the following headings:

  • Main requirements of the Criminal Justice (Money Laundering and Terrorist Financing), Acts, 2010 to 2021;
  • Receiving internal Suspicious Transaction Reports (STRs) from employees in the firm;
  • Making final decisions on behalf of the firm on whether these suspicions need to be reported externally to the Garda/Revenue Commissioners;
  • Reporting to Garda/Revenue Commissioners on the GoAML/ROS systems;
  • Supervising the implementation of the firm’s AML policies Controls & Procedures;
  • Carrying out regular AML Compliance Reviews and reporting internally to the firm’s management on compliance status; and

Supervising AML training for all firm personnel.

Speaker:
John McCarthy
 

John McCarthy FCA of John McCarthy Consulting Ltd.

John McCarthy is a regular speaker for the ACCA on accountancy practice matters, compliance and audit/accounting technical regulation. He frequently assists firms preparing for regulatory inspections.

He has expertise in delivery of Anti-Money Laundering (AML) training to accountants, tax experts, law firms, insurance brokers, estate agents and TCSPs.

He has given joint (AML) presentations with the Garda Economic Bureau and the Revenue Commissioners and has also organised and presented specialist courses on the Solicitors’ Accounts Regulations, insurance broker/charity accounting and audit.

He is a member of Chartered Accountants Ireland (CAI), the Institute of Chartered Accountants in England and Wales (ICAEW) and the Irish Taxation Institute (ITI).

Further information at: www.jmcc.ie

Event details
Sector: Other
Date: 17 June 2024
End Date: 17 June 2024
Time:12.00-13.30
Duration: 1.5 Hours
Venue: Virtual
Capacity: 1000
CPD Units*: 2
*CPD Units are only verifiable if the event attended provides skills and/or knowledge relevant to your job or career aspirations.
Cost details
Members €69.00
Guest price €69.00
Booking details
Book online This event is now over.
Futher details

Please note that registrations for this session will close at 12:00pm on 16th of June 2024

Important Information: an entry link to the session will issue to those registered by email after booking.


The webinar will be recorded and the recording will be available for those who have registered for the event. 


If you have any questions ahead of the session, please do not hesitate to contact us at irelandmembers@accaglobal.com.