AML and the risk to your insurance cover

Overview

This session will look at practical issues on AML that can present risk to your insurance cover such as:

• client identification
• client verification
• retention of papers
• internal controls
• AML training
• Covid fraud
• risk assessments
• real life example.

Speaker

Karen Eckstein - Director, Karen Eckstein Ltd

Karen is experienced in professional risk and contentious tax advising and assisting professionals on risk issues in their practices - enabling them to focus on their own clients without the time consuming distractions that claims and complaints can cause. 

She has considerable experience in volunteer roles in addition, having been on the Council of ATT, been Chair of Professional Standards at CIOT/ATT, as well as a founder of, and remain Chair of CPN, amongst others, These roles, combined with her work on a number of cross professional body working parties on risk issues, (for example on engagement letters) gives her an indepth industry understanding of the issues facing professionals and enables her to give relevant and bespoke advice on the regulatory and professional requirements facing professionals.