4.10.6 Anti-Money Laundering-Annual Refresher Training

In order to ensure that statutory obligations are met, you must take appropriate measures to make employees aware of:

- policies and procedures to prevent money laundering and identification, record
- keeping and internal reporting,
- the legal requirements, and
- provide relevant employees (including new employees) with training in the recognition and handling of suspicious transactions.

It will also be necessary to make arrangements for refresher training courses at regular intervals i.e. at least annually, to ensure that staff do not forget their responsibilities. See Template AML training presentation.