What does an MLRO do? The role of Money Laundering Reporting Officer is defined by the Financial Conduct Authority and is outlined in the FCA handbook. ... The FCA points out that a person appointed as MLRO should have sufficient authority to carry out their duties effectively.

Who does the Mlro report to?

The MLRO is required to report to the governing body of a firm at least annually on the operation and effectiveness of the organisation's AML procedures.

Who does the AML Compliance Officer report to?

The Compliance Officer reports to the CCO/CAMLO or a senior member of the management team. Their duties include: Policies and Procedures: Implement and review the company's compliance program.