Course description
As the SRA maintain their unremitting pressure on law firms to ensure we are doing all we can to counter money laundering, terrorism and proliferation financing, the AML regime continues to intensify.
Presented by expert speaker Trevor Hellawell, this webinar will ensure that law firm staff are up to date with the latest AML developments.
In just 1 hour, Trevor will cover regulators’ investigations and key enquiries, key financial crimes, key PoCA duties and legislative risks, and the new NCA Suspicious Activity Reporting portal. The key aspects of CDD will be discussed, along with other considerations such as high risk countries, PEPs and ongoing monitoring.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
As the SRA maintain their unremitting pressure on law firms to ensure we are doing all we can to counter money laundering, terrorism and proliferation financing, the AML regime continues to intensify.
With increased attention focussed not only on practice-wide risk assessments, client and matter risk assessments, source of wealth and source of funds enquiries (and increasingly the obligation to get corroborative proof of what we are told) as well as paying special regard to the sanctions position generally, the burdens on us all continue to mount.
Couple that with a six-figure fine imposed on a major law firm for failure to carry out things properly in matters carried out in 2017 and 2018 - and the future looks grim indeed.
Presented by expert speaker Trevor Hellawell, this webinar will ensure that law firm staff are up to date with the latest AML developments.
What You Will Learn
This webinar will cover the following:
- Regulators’ investigations - key enquiries and things to focus on
- Key financial crimes, including sanctions list guidance and counter proliferation financing
- Key PoCA duties and legislative risks
- Overlaps with frauds and scams
- New provisions in the Economic Crime Act 2023
- New NCA Suspicious Activity Reporting portal
- Risk assessments of Clients and Matters - key inclusions
- CDD - the key aspects
- Getting the key documentation
- Vetting the key documentation
- Source of wealth and funds investigations
- Other considerations - high-risk countries, PEPs & ongoing monitoring
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...