Credit Union AML Frontline Staff in Association with CUDA

This session is designed specifically for frontline credit union staff, providing a practical and accessible 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 in clear, everyday terms: from Customer Due Diligence and transaction monitoring to recognising suspicious activity, fraud, and money mules.

With a particular focus on the day-to-day responsibilities of staff working directly with members, participants will leave with a confident understanding of what to look out for, how to act on concerns, and their individual role in protecting the credit union - and its members - from financial crime.

Key Highlights

• Current legislation and guidelines
• The new AML Regulation 2024/1624 and its impact on the day-to-day
• The role of the Anti Money Laundering Authority and Regulatory Technical Standards
• The Irish situation
• Money Laundering and Terrorist Financing
• Compliance obligations for your credit union
• CDD in credit unions
• Fraudulent documentation and what to look for
• Identifying suspicious transactions
• Overview of Money Mules
• Transaction Monitoring
• Staff responsibilities
• The Regulatory book

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