Reach new heights with PTC

Identifying Politically Exposed Person (PEP) risk is a critical component of anti-money laundering (AML) compliance for PTC. PEPs are individuals who hold or have held prominent public positions, making them potentially more susceptible to corruption, money laundering, and other financial crimes.

It is vital you know and understand about making a suspicious activity report, but how does it work and what actually happens. In this course it should explain all.

Welcome to the Financial Crime Compliance New Joiner Training Program! This comprehensive training is designed to equip you with the essential knowledge and skills to navigate the dynamic landscape of financial crime and ensure the integrity of our institution's operations. As a new member of our team, you play a crucial role in upholding our commitment to preventing money laundering, fraud, and other illicit activities. This course is aimed at those with previous experience and training in AML/CFT in the Guernsey Financial Services Sector. This training requires that the new employee understands what suspicion is and reporting obligations under the Proceeds of Crime (Bailiwick of Guernsey) Law, 1999. 

The objective of this training is to move beyond a superficial "tick-box" approach to compliance. The aim is to improve your understanding of the mechanisms of financial crime and the liabilities attached to failure. By engaging with this material, PTC personnel will acquire the necessary competency to navigate the complex risk landscape of high-net-worth fiduciary services, ensuring the firm remains insulated from the legal and reputational contagion of financial crime.

Slides from the mini-series presented during 2024 in person in the office.