This session is designed specifically for credit union Board members, providing a comprehensive and up-to-date grounding in AML/CFT compliance obligations. Drawing on the latest Irish and EU legislative developments — including the new AML Regulation 2024/1624 and the establishment of AMLA — the training covers the full compliance landscape, from Customer Due Diligence and transaction monitoring to suspicious activity, fraud, and money mules. With a particular focus on Board-level roles and responsibilities, directors will leave with a clear understanding of their personal obligations and the regulatory outlook ahead.
Key Highlights
- Current legislation and guidelines
- The new AML Regulation 2024/1624
- The role of the Anti Money Laundering Authority and Regulatory Technical Standards
- The Irish situation
- Money Laundering and Terrorist Financing
- Compliance Obligations
- CDD in credit unions
- Fraudulent documentation
- Suspicious transactions
- Money Mules
- Transaction Monitoring
- Roles & responsibilities of the Board
- The Regulatory Outlook
Rachel Power
Rachel is an experienced AML and Data Protection consultant and co-founder of O'Dwyer Power Chartered Certified Accountants and CoreTrack, an AML transaction monitoring software solution purpose-built for the credit union sector.
With extensive experience advising credit unions across Ireland, she works directly on-site with clients to help them implement their compliance obligations in a practical, operational context. This hands-on experience, combined with her background in accountancy and technology, gives her a welll rounded perspective on the challenges facing compliance professionals in the sector today.
In addition to her consultancy work, she is an established trainer and lecturer, delivering AML and Data Protection training and lecturing with PAT Fintech.
She holds a broad range of academic and professional qualifications spanning law, accountancy, and privacy, including credentials from University College Cork, the Honorable Society of King's Inns, City Colleges, ACCA, the International Association of Privacy Professionals (IAPP), and EuroPrivacy.
Date: 28th May 2026
Time: 7pm-9pm
Location: Online via Zoom.
2 hours of CPD will be awarded in categories 1,2,3,4,5,6,7,8,CU and DM.
ACCESSING THE EVENT
Upon completing your registration for this event, you will receive a confirmation email. This email will contain a Zoom access link to join the event at the scheduled time.
Alternatively, you can access the event through LIA Elevate by following the steps below:
1. Visit our website lia.ie.
2. Log in to the members area (top right).
3. Hover over ‘LIA Elevate’ in the top navigation bar and select ‘My Events and On Demand Learning’.
4. Click “Go to your Learning Centre”.
5. Details of the event, including an “Attend” button will appear here. Launch the event directly in Zoom by clicking ‘Attend’.
HOW CAN I ACCESS THIS EVENT ON-DEMAND?
If you register for this event and find you cannot attend on the day, the event will be made available On-Demand within seven working days.
You can view the event On-Demand via LIA Elevate. To obtain CPD, you will be required to complete a short series of multiple-choice questions at the end of the recording.
1. Click here to log into your LIA account.
2. Hover over ‘LIA Elevate’ in the top navigation bar and select ‘My Events and On Demand Learning’.
3. Click “Go to your Learning Centre”.
4. The On-Demand module will appear for you to complete within your Learning Centre. This will only be available 7 working days after the event.
If you register for this event and find you cannot attend on the day, don’t worry. The event will be made available On-Demand within seven working days for members who registered but did not attend the event. You can view the event On-Demand via LIA Elevate. To obtain CPD, complete a short series of multiple-choice questions at the end of the recording.
Should you require more information, our team is more than happy to assist you. You can chat with a member of our team via Live Chat on our website (weekdays 11am – 4pm), by email at events@lia.ie or by phone at 01 456 3890 (weekdays 9am – 5pm).