Course description
Every year the SRA release the annual AML report in early autumn and here it is for the year 2022/2023! Full of interesting facts, figures, and findings it is apparent that many firms still have a long way to go to be compliant.
During this webinar, expert speaker Jo Morris will provide you with the key points from this report and will show you how to the 12 tips to make your firm more compliant. It will take a look into SRA expectations regarding compliance, as well as ways to improve compliance in key areas of the MLR2017.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Every year the SRA release the annual AML report in early autumn and here it is for the year 2022/2023!
Full of interesting facts, figures, and findings it is apparent that many firms still have a long way to go to be compliant; of the 224 firms inspected only 41 were compliant and, scarier still, 68 firms are being referred for investigation.
Although most firms are working hard, clearly improvement is needed.
Presented by expert speaker Jo Morris, this webinar will explore the SRA report in detail and show you how to utilise this information to make your firm more compliant.
What You Will Learn
This webinar will cover the following:
- Facts, figures and findings
- Twelve ways to better compliance:
- Firm wide risk assessments
- Client/matter risk assessments
- Policies, controls and procedures
- Sanctions
- Identify and verify
- Ongoing monitoring
- Source of Funds and Source of Wealth checks
- Enhanced due diligence and high risk jurisdictions
- Simplified due diligence
- Discrepancy reporting
- Identifying and scrutinising of transactions
- Reliance
- The year ahead!
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...