It is a legal requirement for all relevant Art Market Participants to receive AML training and to stay up-to-date with the current rules. By taking part in our Foundation Level course; you are meeting this requirement. The course covers the laws and Regulations; associated with Money Laundering; including EU 5th ML Directive and UK Implementation. It also covers other related Laws; such as Proceeds of Crime Act; Bribery Act; Sanctions & Bans. It highlights Guidance issued by the UK Government; as well as what AMP’s AML programme requirements are and how you go about establishing your AML programme.
FCS Compliance (FCS) is an established specialist in the provision of AML compliance, consultancy and training for businesses covered by the Money Laundering Regulations – including estate agencies, law firms, property auctioneers, Art Market Participants and high-value dealers. The AML services are used across the UK by leading organisations and industry associations that demand the very highest standards.
The firm offers a comprehensive suite of practical solutions to ease the burden of AML compliance on regulated businesses and help them meet their legal obligations. The services include compliance health checks, the provision of written policies and procedures, risk assessments and training courses, as well as support through HMRC inspections and fully-outsourced customer due diligence (CDD) services. FCS work alongside regulated firms to alleviate anxiety, free up their time, promote best practice and help ensure a firm is compliant.
