The Association of Short Term Lenders (ASTL) is set to hold an Anti Money Laundering (AML) workshop next month.
The workshop is being chaired by Ray Cohen of Jackson Cohen Associates and will cover AML basics, including the three stages of AML; personal liability; company obligations; ID, sanctions and PEPs; and fraud implications.
Benson Hersch, CEO at the ASTL, said: “Knowledge is power and it’s important for businesses in the bridging industry to take every opportunity to build their own personal, professional and institutional knowledge.
“These workshops present an excellent opportunity for lenders to learn best practice and raise standards at their own organisations.”
The workshop will be held on 5 September at the office of Masthaven Bank in Covent Garden, London, and will start at 10am.
The workshop is estimated to run for between 1.5 and 2 hours with a Q&A session to conclude.