- October 19, 2022
- Posted by: FCS Compliance
- Category: News
The Role of Reliance in Anti-Money Laundering (AML) – Webinar
On Tuesday 18 October, Rightmove agents heard from Lead AML Consultant, Malcolm Driscoll, in the latest in the series of AML webinars. On this occasion, the oft-confused issue of Reliance was addressed head on with registrants learning about its important role in the AML process.
Missed the webinar?
Rightmove members can listen again here
Malcolm is a great source of information and guidance, find his webinars helpful and full of relevant information. Thank you.
The webinar explained what Reliance means, the common misunderstandings and provided a straight-talking guide to what is needed to remain compliant, while seeing through a transaction.
All the information was useful, delivered at the right level and it was just right in terms of length.
Clear information given by Malcolm, extremely useful.
In the session, agents learnt:
- The meaning of Reliance
- The practicalities of Reliance on a day-to-day basis
- Common misunderstandings of what Reliance is
- The consequences of incorrect application
- The role of Reliance in a sub-agency relationship
The next AML webinar on Rightmove will be held on 26 January and will focus on ‘Suspicious Activity Reports (SARs)’. Registration is now open to Rightmove agents here.