AML Focus newsletter published
The Isle of Man Financial Services Authority has published the second edition of its AML Focus newsletter.
The publication, which is available to view on the Authority’s website, showcases the many workstreams taking place in relation to Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) supervision.
An insight is provided into recent developments, including the findings of thematic reviews and questionnaires, details of forthcoming events, proposed legislative changes, and collaborations with UCM and compliance professionals.
There is also an update on compliance matters in relation to beneficial ownership, and an article exploring the pros and cons of Artificial Intelligence (AI) in the workplace, particularly in relation to customer onboarding.
We hope you find the contents of interest and please contact the team at aml@iomfsa.im with any ideas for future topics.
Newsletter contents
1 Welcome from the Head of AML/CFT Supervision
2 Acting on your feedback
3 Compliance forum / Countering Financial Crime Conference
4&5 Summary of thematic reviews
6 Introduced Business webinar / Human Trafficking factsheet
7 Spotlight on beneficial ownership compliance
8 Legislative updates / UCM collaboration
9 National Risk Assessment
10&11 Pros and cons of AI in the workplace
12 Questions and Answers