MLC Guidance and Publications

MLC Guidance and Publications Templates

Our MLC guidance and publications templates provide a great tool kit for your policy controls and procedures. Their format is easy to understand and practical and include many examples.

What are they for?

MLC regulations state that firms must establish and maintain policies, controls and procedures to mitigate and manage the risks of money laundering. The firm must maintain a written record of those policies, controls and procedures established.

mlc guidance and publicationsWe have a range of MLC guidance and procedures templates for such documents. They are “tool kits”, offering a range forms and MLC checklists which you can then adapt to your firm’s requirements.

We have designed them to aid the MLRO in preparing specific policies, controls and procedures. We also include guidance for those awkward areas that arise from time to time.

They are based fully on the guidance issued by JMLSG and the FCA and supplemented by guidance from various sector-specific supervisory bodies such as HMRC.

MLC Guidance and Publications: how much do they cost?

Our policies, controls and procedures templates for the Money Laundering Regulations 2017 are £125.00 + VAT.

This includes a complete set of MLC guidance and publications templates. They are able to demonstrate your firm’s specific policies, controls & procedures for AML. There are six modules:

  1. An overview of supervisory issues detailing what is expected of your firm.
  2. A selection of internal control templates which will help you design your own internal working papers.
  3. Guidance on how to build your risk registers as required by Regulation 18.
  4. Templates for the actual risk register and has many suggested risks and management policy ideas.
  5. Guidance on how to amend the Policies, Control and Procedures document to suit your firm.
  6. The actual Policies, Control and Procedures document template, to amend and then use.

We also include a copy of Part 7 of the Proceeds of Crime Act 2002, which details the offences and penalties, and a copy of the latest CCAB Sector Specific Guidance, both required for training purposes.

We deliver the documents to you electronically and we provide instructions of how to complete each section.

Download a sample of the pack or order now by telephone 01706 215803, email businesstax@btc-nw.co.uk or through our own line shop

External Review of Polices Controls and Procedures

Under the Regulations, businesses (other than sole practitioners with no relevant employees) must introduce a system of regular independent AML reviews. This includes an external compliance review, if no internal function is available, so that the adequacy and effectiveness of systems is better understood. Any weaknesses can be systematically identified, so that recommendations for improvement can be made and compliance monitored.

At BTC we offer to review your existing Policies, Controls and Procedures for their adequacy and effectiveness for compliance with the Regulations. Our expert report will detail our findings and conclusions, linking them to the specific sections of the Money Laundering Regulations and give details of recommended amendments to your compliance procedures.

Price for this service is based upon the size, complexity and nature of the business. Feel free to contact us for a quote.

Bespoke Policy and Procedure Drafting

The “off-shelf” policies and procedures manual is a generic “should do” document requiring specific input to create the firm’s “will do” policies. We can help draft specific policies and procedures for your firm, helping identifying the risks and applying appropriate management policies.

Contact Us

Please contact us to discuss the guidance and publications which can help with your AML compliance.