Course description
With updates and changes coming thick and fast in 2024, the SRA have updated their 2023 sectoral risk assessment.
Released on the 5 March 2024, this important document looks at new emerging risks including vendor fraud, pooled client accounts, third party managed accounts and irregular methods of transferring funds. Sanction has also been given a section of its own. So, have you read the updated guidance and reviewed your PWRA?
Aimed at MLROs and compliance officers, this virtual classroom seminar will discuss the SRA’s views on emerging risks to firms in terms of AML, and the factors which must be taken into consideration when updating your PWRA.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
With updates and changes coming thick and fast in 2024, the SRA have updated their 2023 sectoral risk assessment.
Released on the 5 March 2024, this important document looks at new emerging risks including vendor fraud, pooled client accounts, third party managed accounts and irregular methods of transferring funds. Sanction has also been given a section of its own.
You must take this information into consideration when putting together your practice-wide risk assessment (PWRA).
So, have you read the updated guidance and reviewed your PWRA?
Aimed at MLROs and compliance officers, this new virtual classroom seminar will discuss the SRA’s views on emerging risks to firms in terms of AML, and the factors which must be taken into consideration when updating your PWRA.
What You Will Learn
This live and interactive session will cover the following:
- Why you need a sectoral risk assessment
- The SRA and emerging risks
- Emerging risks to consider in your PWRA
- SRA proactive supervision - things to note
- Risks in the legal sector
- Key points for the five areas of risk to consider in the PWRA - clients, geographic, products and services, transactions and delivery channels
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...