This comprehensive course provides essential training for current and aspiring Money Laundering Reporting Officers (MLROs) on their responsibilities, authorities, and potential liabilities. Participants will learn about the strategic and operational aspects of the MLRO role, including compliance program oversight, suspicious activity reporting, regulatory liaison, and personal liability considerations. The course covers both the technical requirements and soft skills needed for effective MLRO performance. Through case studies and practical exercises, learners will develop the expertise needed to succeed in this critical compliance role.
The Role of the Money Laundering Reporting Officer (MLRO): Responsibilities and Liabilities
Anti-Money Laundering AML/CFT
October 25, 2025
Introduction
Objectives
Key Learning Objectives:
- Understand the full scope of MLRO responsibilities and authorities
- Learn personal liability considerations and protection strategies
- Master compliance program oversight and management
- Develop skills in regulatory communication and liaison
- Learn to manage suspicious activity reporting processes
- Understand board and senior management reporting requirements
- Master risk assessment and mitigation strategies
- Learn to build and lead effective compliance teams
- Develop strategic thinking and leadership capabilities
Target Audience
- Current and aspiring MLROs
- Deputy MLROs and compliance managers
- Senior compliance professionals
- Legal and risk management executives
- Board members and senior management
- Regulatory agency staff
- AML/CFT consultants and advisors
- Financial institution executives
Methodology
- Case studies of MLRO challenges
- Board reporting simulations
- Regulatory communication role-playing
- Crisis management exercises
- Strategic planning workshops
- Industry expert presentations
- Peer networking and discussion
Personal Impact
- Enhanced understanding of MLRO responsibilities
- Improved leadership and management skills
- Stronger strategic thinking capabilities
- Better stakeholder management abilities
- Increased confidence in MLRO role performance
- Career advancement in compliance leadership
Organizational Impact
- Stronger compliance program governance
- Enhanced regulatory relationships
- More effective risk management
- Improved compliance culture
- Better prepared for regulatory examinations
- Reduced organizational compliance risks
Course Outline
Unit 1: MLRO Role and Responsibilities
Legal Framework- MLRO appointment requirements
- Statutory duties and obligations
- Delegation and deputy arrangements
- Jurisdictional variations in MLRO role
- Compliance program oversight
- Suspicious activity reporting
- Training and awareness programs
- Management and board reporting
Unit 2: Personal Liability and Protection
Liability Considerations- Criminal and civil liability risks
- Regulatory enforcement actions
- Professional indemnity insurance
- Case studies of MLRO liability
- Documentation and record-keeping
- Escalation and reporting protocols
- Professional advice seeking
- Industry networking and support
Unit 3: Compliance Program Management
Program Oversight- Policy and procedure development
- Risk assessment management
- Control implementation monitoring
- Independent testing coordination
- Budget and resource allocation
- Staff recruitment and development
- Technology system selection
- Vendor and consultant management
Unit 4: Stakeholder Management
Internal Relationships- Board and senior management reporting
- Business line engagement
- Cross-functional collaboration
- Conflict resolution techniques
- Regulatory communication
- Law enforcement coordination
- Industry association participation
- External audit management
Unit 5: Strategic Leadership
Leadership Skills- Strategic planning and vision
- Change management techniques
- Crisis management preparedness
- Professional development planning
- Emerging risk awareness
- Regulatory development monitoring
- Technology innovation adoption
- Best practice implementation
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