Webinar: Money Laundering for Independent Examination

  • Wednesday, February 24, 2021
  • 12:30 PM - 1:30 PM
  • Zoom


A one hour session, in which David Walker-Smith talks you through the issues involved in checking and reporting on money laundering.  



David Walker-Smith is an international banker with over 40 years’ experience in a broad range of wholesale banking activities. He is currently a private investor and advisor.

Between 2000 and 2018, he was the head of Financial Institutions practices at major international banks in London and in Singapore, and advised senior management, boards and owners of financial institutions about financial crime risk management, credit risk, governance, business strategy, capital, funding and operational services.

Between 1978 and 2000, he worked successively at major banks in London, the US and Hong Kong, specializing in risk management and then leading businesses focused on deal origination, loan syndications, capital markets and treasury.

He was awarded a BA in Jurisprudence from Oxford University in 1976, and was called to the Bar of England and Wales in 1977. He lives in Surrey.

Money laundering – webinar outline

  • What is money laundering? POCA, 3 stages of money laundering, links with terrorist financing and sanctions evasion etc

  • Why does it matter to charities? Risks – criminal, regulatory, reputation, operational

  • Objectives of charities with respect to money laundering – identify, intercept and report illicit activity; deter launderers so they choose easier targets; be able to demonstrate due care

  • How institutions avoid or identify money laundering – define risk appetite, choose the right donors and recipients, transaction monitoring, prioritise scrutiny efforts (typologies), success stories

  • Charity-specific risk issues – lack of commercial rationale, operations in poor/corrupt countries, close links with governments, lack of patterns, dedicated donations

The Association of Charity Independent Examiners

About Us:

Registered Company Limited by Guarantee 7461134
Registered in England at1st Floor, Block C, The Wharf, Manchester Road Burnley BB11 1JG

Registered Charity in England & Wales No: 1139609
Registered Charity in Scotland No: SC039066

Contact Us:

Telephone: 0131 659 9751 or 07899 891616 Email: admin@acie.org.uk       
Address: 1st Floor, Block C, The Wharf, Manchester Rd, Burnley, BB11 1JG

Powered by Wild Apricot Membership Software