E-learning overview

Our AML scenarios have been tailored to refer to the Law Society of Scotland Practice Rules and Guidance where relevant.

The courses are designed for law firms and their staff.

Our tailored AML offering is designed so that you can pick and choose courses according to your staff’s needs.

Modular Course – Overview

Our short modules cover these anti-money laundering topics:

• AML – the Basics – 15 minutes
• AML – Reporting – 10 minutes
• AML – CDD & Ongoing monitoring – 15 minutes

All modules have a quiz.

Who are the AML modules for?

Anyone working in a law firm. These modules are all available as separate courses, so you can pick and choose according to your firm’s training needs. For example, some staff may only need the basics, but others may benefit from completing all modules.

Scenarios

In each scenario, you will decide how to deal with the situation. What checks should you make? What questions should you ask? What actions should you take?

Scenario 1 – Property Investment

A property investment company instructs a solicitor to assist with the purchase of two properties. As the solicitor starts work, it seems that some details don’t quite stack up.

Scenario 2 – CDD process

Instructed by a property investment company you will follow the CDD process and look at what happens when a PEP is involved.

Scenario 3 – Property investment discrepancies

A property investment company instructs a solicitor to assist with the purchase of two properties. There are discrepancies between the information provided by the client and the information available on Companies House.

Scenario 4 – Sale of a buy-to-let

A conveyancing firm is instructed by a client in the sale of a buy-to-let property. The transaction seems to go smoothly until the police get involved. Can you identify what went wrong?

Scenario 5 – Trust & Company Services Provision

This scenario covers Trust and Company Services Provision work (TCSP), starting work when CDD is incomplete, and AML training requirements.

Scenario 6 – Existing Client

A senior lawyer delegates a complex transaction to a junior lawyer. The work is for an existing client, but does anything else need to be explored?

Scenario 7 – Source of Wealth

A new client is buying an apartment. Our lawyer is looking for Anti-Money Laundering red flags and conducting source of wealth and source of funds enquiries.

Scenario 8 – Criminal convictions

In this scenario, our lawyers look at how previous criminal convictions may influence anti-money laundering checks.

Scenario 9 – Source of funds checks

This scenario covers key points on obtaining the correct evidence for source of funds checks.

Scenario 10 – Funding a transaction by selling Bitcoin

This scenario looks at how to manage the key AML risks involved. It covers which checks should be made and can you understand the information that the checks reveal?

Scenario 11 – Bitcoin acquired by mining

A new client is financing a transaction with funds raised from selling Bitcoin. She says she mined the Bitcoin herself. This scenario looks at how to manage the AML risks involved.

Scenario 12 – Checks on a client’s relatives

In this scenario a property transaction is being funded partly by a gift from the client’s parents. The solicitor wants to check their sources of wealth and funds, but the client says he can’t get them to release their bank statements. Is there a solution that will allow CDD measures to be completed properly?

Scenario 13 – Client requests their Know Your Customer (KYC) docs

This scenario is about dealing with a client’s request to return or destroy their KYC documents. You will learn where to look for guidance on retention, what documents need to be retained and time limits.

Scenario 14 – Receiving third party funds from an unchecked source

This scenario looks at the anti-money laundering difficulties that arise in a property transaction when the seller’s solicitor unexpectedly receives completion funds from an unchecked source.​