Conferences
An important part of the UKMTA's activity is the organisation of
conferences. Each money transfer company in full membership is entitled to send
at least one delegate to attend our conferences free of charge.
Past events have included conferences on vital issues for
money transmitters
In January 2007, our conference looked at law enforcement and suspicious
activity reporting; speakers included the Metropolitan police and Serious
Organised Crime Agency.
The May 2007 conference looked at new partnership opportunities in the
money transfer sector.
Our conference in November 2007 concentrated in particular on the 2007
Money Laundering Regulations.
Our conference in February 2008 focused in particular on the European
Payment Services Directive plus issues associated with the
UK
and US Sanctions List.
Slides/presentational materials presented at our conferences are provided
to members free of charge on the members only section of the website.
On line Anti Money Laundering/Counter Terrorist Finance Training module
The Association has developed an on line training module to meet the needs of
money transfer companies which need to train employees, agents and agent
employees in their AML/CTF responsibilities. All companies in full membership of
the get two free training licences for use with the training module. Click
here
to find out more about the on line training module.
Free training for you and your staff
As the law becomes more complex, it becomes harder to understand if you
are complying. The UKMTA offers free anti-money-laundering training for member
companies and their staff. All seminars are presented by skilled experts who can
deliver training tailored to the specific needs of money transfer companies.
Each member company is entitled to send at least one delegate to attend each AML
training seminar free of charge. Slides/presentational materials presented at
training seminars are provided to members free of charge on the members only
section of the website.
Representation to law-makers
The law is changing - both in the UK and in Europe. To respond to the evolving regulatory environment, the UKMTA is
working with a number of Government departments (including the Treasury, HM
Revenue and Customs and Department for International Development).
New laws affecting money transmitters now include the 2007 Money Laundering
Regulations and the EU Payments Regulation. More information on both can be
found at www.hmrc.gov.uk/mlr.
TThe UKMTA is represented on various government funded working parties such as
the Money Service Business Forum and the UK Remittances Taskforce. The UKMTA has
collaborated with others on the UK Remittances Taskforce to develop a Code of
Practice for money transfer companies. This will help to deliver more uniform
service standards to consumers across the sector. Please click here to download
a copy of the Remittances Customer Charter plus information on how to become a
subscriber.
The major new legislation impacting the European money transfer market is the EU
Payments Service Directive. This law comes into effect on 1st November 2009 .
Companies authorized under the PSD in one member state can offer their financial
services across all other EU member countries. The PSD will be administered in
the UK by the Financial Services Authority.