Mandatory AML training for all staff
Professional Development
Overview
This session covers the fundamentals of anti-money laundering (AML) and combatting the financing of terrorism (CFT). It reviews latest international trends and reminds all staff of their essential obligations under the IOM legislative framework. It is structured to ensure that delegates are compliant with the mandatory requirement for AML training under the IOMFSA’s AML/CFT Handbook. It is also suitable for those new to the financial services industry.
This course forms part of the 2025 ACSP CPD Programme
Suitable for
All staff
Online classroom
This course will be delivered via Teams.
ACSP Members
ACSP Members pay £75.
For bulk bookings please email the PD team, who can arrange a discount. This applies to bookings of 5+ delegates onto a single course or for booking 5+ courses in one go.
Non-members pay £100.
How to book
Employees of corporate member firms should use their corporate email address when booking.
During the booking process, Non-members will need to select the ACSP Non-member pricing level.
Once BPP has received your booking we will send you confirmation along with full joining instructions.
This course has already run and a new date has not yet been scheduled. Please contact us to register your interest.
Session content
- What is money laundering?
- What is terrorist financing?
- Vulnerabilities, triggers, risks, and responsibilities
- The Isle of Man’s AML/CFT laws and regulations
- What is the risk-based approach?
- Your legal obligations as an employee
- Latest trends in AML/CFT risk – including digital threats
- Recent regulatory enforcement cases
Learning outcomes
Having attended this course, delegates will:
- Understand their essential responsibilities under IOM AML/CFT legislation.
- Gain an appreciation of key risk factors and latest international trends.
- Be compliant with the mandatory requirement for AML training in the Isle of Man FSA’s AML/CFT Handbook.
Paul Darroch Groden
Paul is a freelance tutor specialising in finance, business strategy, and soft skills. He has worked for over twenty years in leading global firms, primarily in securitisation, structured products and change management.
Paul gained a first-class degree in Modern History from Oxford University, where he was a Centenary Scholar at St Hugh’s College. He also holds a postgraduate diploma in Business Studies with Distinction from the London School of Economics.
He is winner of the Shell Economist Writing Prize, the author of two published books and is on the editorial panel of The International Banker, the magazine of the Worshipful Company of International Bankers. Paul is a Fellow of CIMA and a Chartered Fellow of CISI, and is a former President of CISI Jersey branch.
ACSP membership
The ACSP was formed on 25 June 1999 with the primary objective of serving as the representative body for fiduciary, corporate management, and administration service providers in the Isle of Man. As well as representing our members on committees and steering groups, we aim to facilitate the best quality training and development courses in partnership with leading industry professionals.
* Members pay £50 per session, while Non-members pay £75 per session.