Advanced AML - Policy and Practice

Essential AML guidance for compliance practitioners

  • 2 ratings, 113 users enrolled

Course Overview

Under Regulation 21 of the Money Laundering Regulations 2017, a firm can appoint a Compliance Officer alongside a MLRO to ensure compliance with the Regulations.

This advanced webinar is aimed at those fulfilling that compliance role, providing background knowledge of international policy and best practice positions in money laundering, as well as a different perspective on how to develop your risk assessment and policies and procedures in order to meet the regulations.

Delivered by compliance consultant and director of Honne Ltd. Katie Jackson, this webinar will discuss The Financial Action Task Force Recommendations and their relationship to the Money Laundering Regulations 2017 and high-risk countries and will provide viewers with an overview of the latest developments in money laundering regulation, including the regulation of virtual currency, the challenges of identifying customers, and The Law Commission's review of the Money Laundering framework.

Consideration will be given to the guidance issued to legal professionals by The Financial Action Task Force in respect of the need to develop a risk assessment for your firm, including detailed international risk factors relating to clients, transactions and geographical areas.

Essential for compliance staff, this session will provide viewers with invaluable ideas for developing policies and procedures in your firm, including 'cultures of compliance'; the three lines of defence, and conducting an annual money laundering review.

The webinar is accompanied by detailed notes to support further learning.

What are the requirements?

  • Watch the recorded webinar, review the supporting documentation and complete the short quiz to test your legal knowledge.
  • This course provides 1.5 CPD points

Learning Outcomes

  • On completion of this course you will have a greater understanding of your responsibilities as a compliance officer and will have received guidance on how to develop anti-money laundering policies for your law firm.

What is the target audience?

  • Compliance officers, practice managers and MLROs

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About Instructor - Katie Jackson

Katie Jackson is a consultant specialising in law firm compliance and regulation. A former Inspector for the Council for Licensed Conveyancers, Katie led and managed inspections of some of the largest conveyancing practices in the country. Prior to working for the CLC, Katie spent a number of years working in various inspection and policy roles for the Solicitors Regulation Authority, and Legal Services Commission.

Course Curriculum

Recorded Webinars

  • Webinar
    00:59:36

Supporting Documentation

  • Notes
    18 Page
  • Slides
    24 Page

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