Case Study

Fincrime Training

June 28, 2019

Client
A regulated small payment institution that had recently appointed a new compliance manager as MLRO with significant regulatory compliance experience but limited previous exposure to financial crime.

Objective
The objective of the project was to provide the newly appointed MLRO within the firm with sufficient and adequate Financial crime training over a two-day period. We provided the client with a mix of interactive and bespoke workshops which covered the key legislation, regulatory requirements and practical considerations of the role with the newly appointed MLRO. This ensured the MLRO felt confident in undertaking the position.

Approach to engaging with the client
The client reached out to us requesting training on Financial crime for the newly appointed MLRO. Following an initial call with the MLRO to understand the level of knowledge he had regarding Financial crime, the team developed a bespoke set of training materials and attended the client site to conduct a two day training session.

Outcome
The outcome of the project ensured that the new MLRO of the firm had sufficient and accurate training on Financial crime, he felt that after the two day session, he had a greater knowledge for financial crime and felt suitably trained and supported to preform effectively within his job role.