Anti-Money Laundering - For Beginners

Introduction to money laundering

  • 5 ratings, 227 users enrolled

Course Overview

According to the Law Society, compliance with money laundering obligations is ‘one of the greatest challenges for solicitors in the UK today.’

By law, solicitors must ensure that their employees are fully trained in the law relating to money laundering to in an effort to defend against those trying to abuse professional legal services.

With this in mind, experienced lecturer and former SRA and Law Society advisor Tracey Calvert has put together this introduction to money laundering webinar, which seeks to explain what money laundering is for those unfamiliar with the concept, and how to recognise the warning signs.

Topics considered include:

  • The reason for money laundering legislation
  • The key legislation – offences and defences
  • The Money Laundering Regulations 2007
  • What’s required of everyone in the firm
  • The role of the MLRO
  • Warning signs

What are the requirements?

  • Watch 1 hour recorded webinar
  • This course provides one CPD point.

Learning Outcomes

  • On completion of this course you will:

    • Be familiar with money laundering legislation
    • Understand the role and responsibilities of the MLRO within the firm
    • Be able to recognise the warning signs of money laundering and take appropriate action

What is the target audience?

  • Practitioners

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About Instructor - Tracey Calvert

Tracey is a lawyer and had many years experience of working for the Law Society and the SRA. She was a senior ethics adviser and, in her last role with the SRA, part of the ethics policy team which drafted the SRA Handbook. Tracey is now the director/owner of Oakalls Consultancy Limited and provides regulatory consultancy services. She has a varied portfolio of clients and interests and also writes regularly on regulatory topics. She has written 6 books (including “Ethics in law firms: a practical guide” and “Conflicts and Confidentiality in Law Firms” published by the Ark Group), is a contributor to Cordery on Legal Services, writes regular columns for the ILEX Journal and the Solicitors Journal and sits on the Editorial Board of the Law Society’s Legal Compliance Bulletin.

Course Curriculum

recorded webinars

  • Webinar
    00:55:21

Documentation

  • Slides
    33 Page

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