Businesses invited to anti-money laundering conference


Seminar to offer advice and help

BUSINESSES in the Birmingham area are invited to a free one day conference to learn how to safeguard themselves against serious organised crime and money laundering.

The event, run by ‘Payback’ and hosted by the UK Financial Intelligence Unit (UKFIU), will be held at Birmingham’s National Motorcycle Museum on Thursday March 12 and is aimed at small and medium sized businesses in the Birmingham and the Midlands area that are covered by the Money Laundering Regulations (MLRs).

Throughout the conference there will be speeches and breakout sessions offering a range of practical hints and tips for delegates to take away and incorporate into their business processes.

Representatives from the regulators who supervise firms in respect of their responsibilities within the MLRs 2007 will also be on hand to offer practical advice and guidance to businesses from their respective sectors.

A spokesperson for the conference said: “Such businesses – by their very nature – are vulnerable to abuse by those attempting to launder the proceeds of crime, and the aim of the conference is to make businesses more aware of their role in identifying any suspicious activity taking place during their day-to-day work, thereby making a difference in reducing the harm caused to communities by serious organised crime and also in protecting their business.”

The conference will be the third such cross-sector event which the UKFIU – which sits within the Serious Organised Crime Agency (SOCA) – has held under the ‘Payback’ banner, a multi-agency approach to taking the cash out of crime.

The day will run from 9.30am to 4.30pm and anyone interested in attending should contact for an application form.


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