PRESS RELEASE

March 2008

Terry Day speaks at ABCUL convention.

Managing Director Terry Day recently presented at the Association of British Credit Unions Convention held annually in Blackpool each year. The convention was attended by over 200 delegates from the UK credit union movement.

Terry was asked to focus on the topic of "Know Your Customer and the Prevention of Money Laundering".

Terry's in-depth knowledge of EU and UK legislation together with his detailed involvement in the development of International Financial Systems' AML/CTF software product MLTrac meant that he was able to discuss the topics from a legal, operational and systems perspective to give attending delegates a good understanding of the issues they need to address and how to address the them.