Baker Regulatory Services Limited provide relevant and effective training at all levels, to ensure a consistent approach to achieving the best possible compliance with AML/CFT legislation.

Barry Faudemer was the MLRO and Director of Enforcement at the JFSC for 13 years and prior to joining the JFSC was the Head of JFCU. Barry is a qualified trainer and has delivered a wide range of engaging training for the JFSC, overseas regulators, SFO, NCA and the Metropolitan Police. He has significant experience in the field of AML/CFT and studied how terrorists fund their attacks as a student of the prestigious FBI National Academy.

The JFSC has identified in its published themed examination report on the role of the MLRO that AML training and in particular the timely reporting of suspicious activity reports continue to be a challenge for a significant number of Relevant Persons.

Barry has submitted and received thousands of suspicious activity reports and lead both criminal and regulatory investigations arising from the receipt of SARs.  Training of staff or mentoring of new MLROs can be delivered by Barry either in person or virtually.

Baker Regulatory Services Limited can also provide training in the following areas:

  • One-to-one training for new MLRO/MLCOs
  • AML/CFT typologies
  • The requirements of the Money Laundering (Jersey) Order 2008
  • The relevant JFSC AML handbook
  • Obligations under the Proceeds of Crime (Jersey) Law
  • Undertaking effective transaction monitoring.
  • The JFSC Code of Practice requirements and guidance issued by the JFSC
  • The JFSC civil penalty regime explained in detail
  • Obligations under the Regulatory Laws
  • Conducting effective investigations
  • Preparing to give evidence in Court
  • Board reporting and effective corporate governance
  • Regulatory risk exposure
  • Countering Proliferation Financing training


AML Training Curriculum 2023

Have you identified your 2023 AML/CTF/CPF training needs?

Do you know that Baker Regulatory Services can provide you with helpful and practical training and refresher training solutions. Based on our numerous years of industry practice, we combine relevant and topical case studies to bring the AML subject to life. The JFSC AML/CTF/CPF Handbook states: “With the passage of time between training initiatives, the level of employee awareness of the risk of money laundering, the financing of terrorism, and the financing of proliferation decreases. The utilisation of techniques to maintain a high level of awareness can greatly enhance the effectiveness of a supervised person’s defences against money laundering, financing of terrorism, and the financing of proliferation risk”.

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