Anti-Money Laundering for Conveyancers

AML Conveyancing

  • 2 ratings, 144 users enrolled

Course Overview

Anti Money Laundering requirements can be a minefield for property practitioners yet the inconvenience of remaining compliant pales in comparison to the nightmare which you and your firm would face if caught up in, or accused of being involved with anti-money laundering conveyancing. Unfortunately this is the reality for many unwary professionals and vigilance is essential as AML conveyancing in particular are prime targets for criminals and would-be money launderers.

During this course experienced lecturer and property practitioner Hannah Mackinlay will provide viewers with an overview of the background of anti-money laundering practice for and will offer practical advice and assistance on how you and your firm must walk the tightrope of compliance while also ensuring that you fulfil your professional obligations of good practice and confidentially.

This course will cover the following topics and will attempt to answer the following questions:

  • Client Due Diligence - Will this be sufficient? 
  • Is that really 'Money Laundering'? - Examples of situations caught by the regime that 
  • aren’t immediately obvious
  • Between a Rock and a Hard Place – The problem of reporting and client privilege
  • Dodgy deals - What to watch out for?
  • Reporting – Should you stop work?
  • Sources of Guidance
  • The proposed 4th Directive

What are the requirements?

Learning Outcomes

  •  On completion of the course you will:

    • Be familiar with the scope of anti-money laundering and the three main offences
    • Understand your responsibility in terms of client due diligence
    • Be able to recognise the warning signs on anti-money laundering activity
    • Be aware of the problems surrounding reporting and client privilege
    • Understand the risk of ‘tipping off’ those suspected of money laundering activity 

What is the target audience?

  • Conveyancing practitioners

Categories

Collections

About Instructor - Richard Quenby

Richard was called to the Bar in 1985. For the next thirteen years he practised at the Chancery Bar in Manchester, where he specialised in landlord and tenant, commercial property and insolvency work.

Richard now works as a freelance writer, tutor and lecturer. His published articles have appeared in Estates Gazette, Property Week, Legal Week and The Lawyer. He is also the co-author of Flat Schemes in Residential and Mixed Use Developments, published by Bloomsbury Publishing.

Course Curriculum

recorded webinars

  • Webinar
    01:00:37

Documentation

  • Notes
    31 Page
  • flow chart 1
    2 Page
  • flow chart 2
    2 Page
  • flow chart 3
    2 Page
  • Evaluation
    1 Page

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