Course description
Are you uncertain what the regulators expect from law firms in respect of anti-money laundering requirements and safeguards? If so, then this webinar is for you.
Presented by compliance expert Trevor Hellawell, this short webinar will summarise the current state of play regarding the key duties imposed on law firms of all kinds by the various regulations and the LSAG Guidance Note, which has advanced the thinking in a few key areas. Covering a refresher on what money laundering is, new guidance on client and matter risk assessments, training and record-keeping requirements and much more.
Essential for fee earners, this webinar will give you a solid foundation of knowledge in this area and help you understand how the various processes can be used to protect your organisation.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Are you uncertain what the regulators expect from law firms in respect of anti-money laundering requirements and safeguards?
If so, then this webinar is for you.
Presented by compliance expert Trevor Hellawell, this short webinar will summarise the current state of play regarding the key duties imposed on law firms of all kinds by the various regulations and the LSAG Guidance Note, which has advanced the thinking in a few key areas.
Essential for fee earners, this webinar will give you a solid foundation of knowledge in this area and help you understand how the various processes can be used to protect your organisation.
For details regarding the key duties imposed on law firms by recent and increasingly complex legislation, please see Trevor’s webinar (AML Legislation 2024 - A Bitesize Update for Fee Earners).
What You Will Learn
This webinar will cover the following:
- What is money laundering - A refresher
- Analysis of the key requirements of the ML Regulations 2017, as amended
- Risk Assessments - Treasury, regulators and LSAG firms
- New guidance on client and matter risk assessments
- CDD measures
- Availability and use of electronic searches
- Simplified & enhanced due diligence - What exactly is required?
- High-risk jurisdictions - Where are Russia, Belarus and China mentioned?
- Politically Exposed Persons - What do I do if I find one?
- Can I trust the estate agents? What is reliance?
- Training & record-keeping requirements
- Don’t forget - 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...