Webinar 3 – How to conduct a risk assessment for your firm and your clients

Our programme of practically focused webinars will support and help build your understanding of anti-money laundering requirements as a member and accounting professional.

The IFA AML Matters webinar programme is led by Tim Pinkney, the IFA’s Director of Professional Standards and AML reviewer, David Erichsen.

This webinar will:

• Briefly look at the regulations and the common areas members struggle with when conducting risk assessments for their firm and their clients
• Show you how to develop a firm and client risk assessment form
• Discuss when EDD is required and what it should include
• Share experiences of the AML Review team to help you as members conduct risk assessments

Who should attend this webinar?

All members and accounting professionals wishing to:

• Conduct risk assessments that are fit for purpose and support your practice
• Follow a templated approach to the conducting of risk assessments.
• Refresh their knowledge in this ever-changing regulatory area.

Date: Thursday 6 June 2024
Time: 9.30am - 12pm
CPD hours: 2.5
Price:
IFA members & affiliate - £70
Non-members - £90

 

 

About the speakers

Tim Pinkney

Tim has a wealth of experience spanning over 30 years in accountancy and regulatory environments where he was responsible for overseeing disciplinary functions and AML supervision.

As Director of Professional Standards at the IFA Tim is responsible for regulatory issues relating to members in public practice as well as oversight of the practice monitoring process. Prior to working for a professional accountancy body Tim has spent time in public practice, worked as a management accountant for the NHS as well as numerous roles in industry and the voluntary sector. Tim is also a member of the International Compliance Association (ICA) and holds the ICA International Diploma in Anti-Money Laundering.

 

David Erichsen

Working for the Institute of Financial Accountants (IFA) as a skilled Anti Money Laundering Reviewer, David’s role is to work closely with Accountancy firms and scrutinise how Anti Money Laundering / Terrorist Financing legislation is intrinsically linked to the working practices of the firm. David guides firms through the legislative complexities of the AML Regulations 2017 in order to enable full compliance. David is a skilled investigator with 22 years as a police officer in both the Met and Northumbria Police.

 

Bill Bewes

Bill is the IFA Head of AML & Compliance.

He has been in his current role since December 2023. Prior to that date, he was the Compliance Manager, a position he held from December 2018. His role entails heading a team of Compliance Officers and AML Reviewers, who are responsible for monitoring IFA member’s compliance with IFA regulations and relevant legislation including the Money Laundering Regulations