Our latest e-learning course Introduction to Proliferation Financing is designed specifically to help law firms navigate an escalating compliance risk that carries severe legal, regulatory and reputational consequences.
Proliferation financing, what lawyers need to know
“Proliferation financing” is defined under 16A (9) of the Money Laundering Regulations 2017, and while closely tied to Anti-Money Laundering (AML) and sanctions compliance, proliferation financing presents its own distinct challenges for law firm staff.
Solicitors are vulnerable to being utilised for proliferation financing as they are frequently involved in commercial transactions (such as mergers and acquisitions) and advise clients that operate in jurisdictions that are considered high-risk.
Proliferation Financing Training
Are you confident that your team can recognise common proliferation financing risks and red flags?
Our engaging course equips legal professionals with the tools to identify potential vulnerabilities, and take immediate, correct action when concerns arise.
Using real-world examples, interactive scenarios, and built-in knowledge checks, our training builds the practical confidence needed to recognise red flags and effectively assess client and third-party risks.
By embedding this vital knowledge across staff at all levels, law firms can significantly strengthen their overall risk management and compliance strategy.
Our Proliferation Financing e-learning is self-paced with interactive scenarios and quizzes. It provides key background information, the regulatory expectations and an understanding of the overlap with AML and sanctions compliance.
