FATCA & CRS Awareness

This Course is designed to raise awareness on The Foreign Account Tax Compliance Act (FATCA) and The Common Reporting Standard (CRS) and will cover the following topics:

  • Introducing FATCA
  • Introducing CRS
  • Implementing FATCA & CRS
  • FATCA Information & FATCA Accounts
  • CRS Information
  • FATCA Reporting
  • CRS Reporting
  • Points of Note

Revision materials are also provided for this Course which you will have access to before you take the “end of training examination”.
(Pass mark 70%)

If you are interested in booking this course, please click on the link provided: FATCA & CRS Awareness

AML Training 2019 – Coming Soon!

(Meets requirements of 2018/2019 Handbook updates)

Midshore have developed a range of modules covering the training requirements set out in Chapter 15 of the Guernsey Financial Services Commission’s Handbook on Countering Financial Crime and Terrorist Financing.

Recognising that different staff have different training needs, Midshore Online Training provides training specifically designed for:

  • Relevant Employees
  • Directors and Senior Managers
  • Money Laundering Compliance Officers
  • Money Laundering Reporting Officers and Nominated Officers
  • Other Employees

Our training aims to assist businesses in meeting their regulatory needs in a simple, cost-effective manner.

To find out more information about the selection of AML Training Modules we provide, please click on the link provided: AML Training 2019

Midshore Online Training (MOT)

Midshore Online Training

Midshore Consulting have always offered training both live and online. Noticing the switch towards a “digital everything” in modern day workplaces, we have heavily upgraded our Online Training Platform and we are now proud to launch our brand new platform dubbed MOT (Midshore Online Training). MOT will be getting a lot of exciting feature updates and we believe it sets the new standard in Online Training.

MOT Features

MOT has some extremely helpful features which not only allow students to study at their own pace but also allows them to take their training and tests / quizzes in or out of office hours. We are able to set up a Teacher / Student environment within MOT which allows anyone with the Teacher role to view several different reports about their group of students such as:

  • Which students have / haven’t completed their training
  • Which students have taken and passed (or taken and failed) their test / quiz
  • What grade was achieved by each student
  • Which questions were answered correctly / incorrectly
  • and more!

Available Courses on MOT

We have a selection of different Courses available to take on MOT from Guernsey / UK Data Protection Awareness Training (suitable for all members of staff) to Anti-Money Laundering Refresher Modules (for all staff and advanced Modules for Compliance Officers and MLROs) and we even provide some popular CISI Courses such as the “Introduction to Securities & Investments”.

Visit our Midshore Online Training Platform to see our current list of instantly available courses.

Why use our MOT Platform?

Our training is written by professionals, for professionals. We believe that staff should be adequately and accurately trained to ensure they reach their maximum potential. Staff who are trained better, work smarter. Our new platform offers the individual a chance to review the information more than one time unlike our regular training courses, meaning they can work on problem areas, or pick up on something they missed.

If you are looking at sending multiple staff on any of our training modules or complete courses, please contact us and we can discuss your requirements further.

Further to this, if you are looking for your very own training portal, where you can control the content (or we can write it for you) – Midshore’s Online Training Platform is the tool for you!

Data Protection Awareness

(Guernsey, UK & EU)

Midshore have developed an awareness training solution suitable for all members of staff of any ability, the aim of the training is to give you a basic understanding of data protection laws in Guernsey and the upcoming changes.

Whilst the EU’s General Data Protection Regulation (GDPR) has been pending its implementation date (May 25th 2018) since April 2016, awareness has struggled to spread throughout most industries within the island of its own law the General Data Protection (Bailiwick of Guernsey) Law, 2017.

Our training aims to help bridge that gap and give you the basic understanding required.

Quick Facts

  • The first and only of its kind (to cover the Guernsey implementation)
  • Suitable for all levels (data protection novice to expert)
  • Can be taken live or online
  • Provides a certificate in data protection awareness and 1 hour CPD
  • Is the most cost effective solution for structured learning about data protection
  • Demo of the platform for corporate organisations
  • Can be included in your own “Branded” corporate university using the Midshore Online Training platform
  • The training has been put together by industry experts from both Finance & Non-Finance background

If you are interested in booking this course, please click on the link provided: Data Protection Awareness

Our Brand New Online Training Platform

We are pleased to announce the launch of our brand new Online Training Platform – Midshore Online Training (MOT).

MOT provides many great and useful features such as the ability to list users as Students and Teachers, making it easy for us to help you set up your very own “online classroom” for your business / organisation.

Teachers will be able to access reports on their students which will allow them to not only view how far through the course their student is but also see what grades have been achieved and who by, plus much more.

NOTE: The amount of Teachers / Students is up to you (example: 1 Teacher + 100 Students / 3 Teachers + 25 Students etc)

All of our training is now available to take via MOT and includes courses such as:

Any student that passes a course with the maximum grade will be awarded with an Online “Badge” which is not only designed for “bragging rights” but also to prove that the student has fully understood the materials provided during the course.
(These badges can only be obtained by achieving the maximum grade for the relevant course)

Each course has a test / quiz to complete at the end. A Certificate of Completion will be provided on completion of any course on request (CPD provided).

Check it out for yourself at:

 www.MidshoreOnlineTraining.com

If you would like to learn more, or request a demo for your business / organisation, please contact us by using one of the methods below:

Telephone: (+44) 01481 730733

Email: enquiries@midshoreconsulting.com

AML Refresher Modules Available!

AML Training is a requirement under Article 46 of the Fourth Anti Money Laundering Directive (AML4D) and The Channel Islands (both the Bailiwick of Guernsey and Jersey) have also made training a requirement within their AML / CFT Handbook’s.

With this in mind, Midshore have prepared AML Refresher Modules of which a certificate of completion will be awarded, you can view further details below.

Bulk discounts are available if booking any of the following modules for multiple staff members, if you are interested in this option please contact us with your requirements.

Bulk discounts are as follows:

2-10 Staff: 5%
10+ Staff: 10%

Anti-Money Laundering Refresher (Compliance Officers & MLROs)

Topics covered:

  • Introduction to Money Laundering
  • Guernsey Law & Regulation
  • Terrorist Financing
  • Suspicious Activity Reporting
  • Money Laundering Reporting Officer

Cost: £35

or call 01481 730733

AML Bribery Refresher Module (Compliance Officers & MLROs)

Topics covered:

  • Background to the UK Bribery Act
  • The Offences
  • What the Offences cover
  • When has an Offence been committed?
  • The Defences against charges of Bribery
  • Penalties, cases & latest developments

Cost: £35

AML Sanctions Refresher (Compliance Officers & MLROs)

Topics covered:

  • Sanctions
  • Global Markets
  • Trade Sanctions
  • Political, Economic & Financial Sanctions
  • Financial Sanctions in Guernsey
  • Financial Sanction Systems & Controls
  • Consequences of Sanctions

Cost: £35

or call 01481 730733

Guernsey Financial Services AML / CFT Refresher (2018)

Topics covered:

  • Money Laundering
  • Terrorist Financing
  • Proliferation Financing
  • Sanctions
  • Bribery & Corruption
  • Guernsey’s AML / CFT Regime

Cost: £35

or call 01481 730733

Data Protection Awareness module now live!

Today we have officially launched our Data Protection Awareness online training module.

The module is aimed to give all staff members the basic knowledge they need in regards to data protection. And with today’s announcement that Emma Martins will be our Data Protection Commissioner, what better time would there be to brush up your skills.

Read more about the module here.

If you are interested in booking the module, please contact me (rob@midshoreconsulting.com).

Introducing Midshore Online Training (MOT)

We’re happy to announce that our Midshore Online Training (MOT) platform has officially gone from soft launch to widely available!

The team at Midshore are currently putting together lots of training modules and certifications that should meet the needs of our clients. We’ve redesigned our website to make it easier to access your “My Midshore” account page by adding a link at the top of every page.

To find out more about this service, please speak to your account manager or contact us here.

Our Full GDPR Training Suite

GDPR Awareness Training

We are proud to announce that our GDPR Awareness Training is now available for booking. This training is designed to give staff members of all skill levels a basic understanding of what requirements the GDPR will bring and what role they have to play in ensuring compliance.

Our Online GDPR Awareness Training is available to book from just £35 per person, however, bulk discounts are available at different levels depending on the amount of places booked. We are also happy to quote for in-house training.

For more information about our GDPR Awareness Training, please use the link provided here.

GDPR Workshop

Midshore offers GDPR Workshops, which have proven to be extremely popular as a practical guide to assist organisations with complying with the upcoming changes. The Workshop is available either ‘standalone’ or as our GDPR Workshop Package which includes:

  • GDPR Workshop
  • Our GDPR Health Check

Certificate in Data Protection

Midshore are the first and only provider of a Certificate in Data Protection for the Guernsey Data Protection Law. Our two-unit Certificate is aimed to give the candidate a thorough knowledge of the regulation and how to best deal with real world use. The units can be taken individually or together.

For more information about or Certificate in Data Protection, please use the link provided here.

Regular Training – More than just a Regulatory Burden!

Business regulated by or registered with the Alderney Gambling Control Commission (AGCC), the Guernsey Financial Services Commission (GFSC) and the Jersey Financial Services Commission (JFSC) have requirements under the relevant AML/CFT (Anti Money Laundering and Combating the Financing of Terrorism) handbooks or guidelines to ensure regular ongoing training for their staff in this area.

The requirement to train staff in this area is not new, however often training is carried out in these areas alone, and is directed if not carried out by the Money Laundering Reporting Officer (MLRO). How many times have experienced practitioners been forced to take time out from their working day to sit through an hour-long in-house seminar and are able to repeat “placement – layering – integration” or “maximum of 14 years in prison and an unlimited fine” verbatim at their course leader simply from hearing it so many times. Also, how many people have been forced to watch an AML DVD with dodgy acting from Z-list actors portraying farcical characters?

Running in-house training sessions during lunch breaks inevitably leads to:

  • Running multiple training sessions, taking up the valuable time of the MLRO
  • Running additional training sessions for those who are unexpected unable to attend at the last minute (sickness or business)
  • New staff members joining the company who need to have the training provided as part of their induction, which will often be at a time when regular staff training is not scheduled
  • Knowing that someone has been physically present without being able to prove that they were mentally present
  • Lack of quantitative proof of the effectiveness of the training

Clearly, this is not the best solution to a regulatory training need.

Convenience and Scalability

In the modern era we often talk about flexibility, and this is now something that can be offered in the ongoing training space. Let’s take an example.

Company A decides that its employees need to complete their regular AML/CFT training in line with regulatory requirements. The company has engaged with an online training provider (who happen to be called Midshore) to use their online training solution. Taking the experiences of various executives of the company:

  • The Managing Director decides to login from his tablet at home one evening to complete the training – leading by example is important
  • The Sales Director has a rare few days in the office so decides he will complete it one lunchtime whilst eating a sandwich at his desk
  • The Operations Manager doesn’t have enough time during the working day so takes her mobile phone to the gym, logs into their Wi-Fi and burns calories on the cross-trainer at the same time
  • The MLRO and the Human Resources Manager receive regular reports on who has completed the training, together with the score that each employee has received for their end of course test

Midshore Online Training (MOT)

Midshore Online Training (MOT) is the online training solution brought to you by Midshore Consulting. Regularly updated, the Midshore AML/CFT training includes sections on Proliferation Financing, Sanctions and Anti-Bribery and Corruption (ABC) alongside the standard AML/CFT subject matter.

The training module consists of:

  • Online training video
  • Printable course notes
  • 15-question end of module test (75% pass mark)
  • Printable certificate of completion

Using MOT also means that staff located in other jurisdictions (including those in outsourced or offshored operations) can receive identical training to local staff.

MOT – more than AML/CFT

Regulation and legal requirements are changing all the time, additionally local businesses are not just impacted by local law and regulation. Staff in regulated businesses should receive more than just AML/CFT training on a regular basis to ensure that they remain aware of their responsibilities in a number of key areas. This is why the MOT suite of modules will also include:

At this point, it almost seemed appropriate to include a pun about booking staff in for a MOT! However, should you be interested in a scalable and cost-effective solution to ensuring your staff have up to date regulatory knowledge please contact us.

Midshore can also run in-house training, including practical workshops tailored to the needs of your business.