The AML risk assessment is a crucial part of the client due diligence process and one that regulators are looking at with an ever-keener eye. This three-hour seminar will consider all the important aspects, highlight key documentation requirements and provide vital feedback on where things can – and do – go wrong

Key features

  • The firm wide risk assessment – what is it and what ACCA is looking for
  • Key aspects of the client level risk assessment (e.g. products/services, geography, business type, transactions)
  • Using electronic databases to inform the risk assessment - key tricks and traps
  • How to document your risk assessment
  • Topical issues and red flags
  • Reassessing risk as part of ongoing due diligence
  • Frequently asked questions

You will walk away from the session with a good grasp of all the important regulations in this area, ensuring that your firm is fully compliant with ACCA requirements.


Peter Herbert

Peter Herbert

Peter qualified as a Chartered Accountant with an international accountancy firm before working in industry. He has over 20 years of training experience and is a founding director of Insight Training. Peter specialises in financial reporting, auditing, practice regulation and company law, as well as commercial awareness and business skills. He has a small practice, providing advice to mid-tier and small accountancy practices on aspects of accounting, auditing and practice regulation.