Anti Money Laundering & Politically Exposed Persons e-learning

Descriptions

Training Requirement The HCA is looking for an online Compliance e-learning solution to address the following needs. • Annual mandatory e-learning requirement in Anti Money Laundering or Financial Crime Compliance (AML/FCC) for all HCA staff (Maximum.1000 staff) • Additional annual mandatory e-learning for specialist HCA staff in relation to Politically Exposed Persons (PEPs) (approx.100 staff) • Appropriate administrative and delegate/user access to your Administration Management System (AMS) that can host, track and report on activity including completion and pass rates. • Ability to make or request minor additions / changes to tailor small aspects of the e-learning, at no extra cost including content which may not be relevant in a non-banking context • The content must be relevant to a financial services context and must have the ability to be tailored to a non-banking audience. Training and Technical Requirement The required training should cover the following subject areas: Financial Crime Compliance (FCC) or Anti Money Laundering (AML) • Policies and procedures • The duty to report suspicious transactions • What is money laundering • How does Money laundering work • Warning signs - what to look for • Appropriate and sector relevant examples of money laundering • The primary money laundering offences • The definition of money laundering and criminal property • Tipping off and prejudicing an investigation • The duty to report knowledge or suspicion – when and how • Terrorist financing • The regulatory sector and the need for policies and procedures • Customer due diligence (CDD) requirements, records and monitoring • Know your client (KYC) procedures, requirements and on-going monitoring • Obtaining customer due diligence for individuals and entities • Risk-based approach • To use case studies, adapted to HCA’s needs • Links to our internal policies (useful but not essential) Politically Exposed Persons (PEPs) • Politically Exposed Persons (PEPs) and Sanctions • Reliance on third parties • Record keeping • Offences under the Regulations Further details contained within tender documentation.