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Courses for lawyers

Anti-money laundering 2020

Synopsis

Anti-money laundering remains a priority for solicitors and the SRA. Law firms are still an attractive target for criminals eager to launder their profits. The overwhelming majority of solicitors want to do the right thing. But weak procedures, poor monitoring and undertrained staff can open the door for criminals. Our AML training will bring you right up to date on recent guidance from the SRA. It will also help with spotting the red flags, reporting your suspicions, and keeping you and your firm safe.

 

Outcomes

As a result of attending the course, you will:

  • be equipped to spot ‘red flags’
  • know what to report and how to report it
  • keep better evidence of your thinking and decision-making
anti-money laundering image

Content

  • Key PoCA duties and legislative risks
  • Cybercrime overlaps
  • The attitude of NCA to suspicious activity reports – how should they be drafted?
  • Key inclusions of the MLTF Regulations 2017
  • Key alterations effected by AML (Amendment) Regulations 2019
  • Risk assessments – the 3 layers: Treasury, SRA and law firms
  • SRA investigations
  • CDD – the key aspects to focus on
  • New duties in relation to beneficial owners
  • ‘New’ PEP provisions
  • Are electronic searches the way forward?
  • Ongoing monitoring
Format

Face-to-face and virtual classes

Duration

To suit your requirements (1-6 hours)

Delegates

All staff

Tutors

Trevor Hellawell

To discuss how we can help call Peter Kinch on 0114 273 8300.