Fifth AML Directive Presentation (Free): Share with Your Team

AML – Free Fifth Directive presentation to share with your organisation

The fifth anti-money laundering directive

The Fifth Anti-Money Laundering Directive (2018/843) is in force as of 10 January in the UK and around the European Union. The changes are not as extensive as those that were introduced in the Fourth Directive, such as the concept of risk-based due diligence, but the Fifth Directive will impact an increasing number of businesses who must now have regard to money laundering laws.

While we do not recommend that companies or law firms that regularly train on AML (every 12–18 months) make any significant changes to their training schedule, staff should still be made aware of how the changes could affect their role and responsibilities.

AML presentation

To help organisations educate their staff on what the Fifth Directive means for them, we have created a customisable PowerPoint presentation on the changes in anti-money laundering regulations in the UK. The presentation can either be sent to your colleagues or used as instructor-led training.

The presentation covers the changes to:

Client Due Diligence (CDD)
Ultimate Beneficial Ownerships
Trusts
Cryptoassets
Specific industries
Internal procedures

Download the presentation

How are you managing your GDPR compliance requirements?

GDPR added a significant compliance burden on DPOs and data processors. Data breaches must be reported to the authorities within 72 hours, each new data processing activity needs to be documented and Data Protection Impact Assessments (DPIA) must be carried out for processing that is likely to result in a high risk to individuals. Penalties for breaching GDPR can reach into the tens of millions of Euros.

“In a world older and more complete than ours they move finished and complete, gifted with extensions of the senses we have lost or never attained, living by voices we shall never hear.”