I once stood in front of a group of bank staff to deliver their AML training. Their MLRO introduced me thus: “Now, I know you all hate AML training, but the law says you’ve got to do it. So pay attention and it won’t last that long.” Harrumph. He was the opposite of a warm-up man, and I had to leap around like a monkey on speed to enthuse these demoralised people who had been told that they would hate my training.
If I could find the individual responsible for giving AML training this reputation, I would happily throttle him. Yes, AML training is a legal requirement – for good reason. But no, it is not boring. In fact, I think it is an absolute gift of a subject to the trainer. It has all the elements of the best action movies – baddies, cops, lots of money, sex and violence. And as for the colourful case studies for which there is an unending appetite, well, thankfully there is also an unending supply. I thank my lucky stars every day that I have chosen this wonderful subject – imagine having to do health and safety training instead…
To see what happens when someone pays rather too much attention to their AML training, read this post.
I hate money laundering 