This workshop provides a clear and practical route-map through the requirements and application of the Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017 (MLTF 2017).
This route-map will enable self-employed barristers, clerks and finance teams to fully understand whether any work is likely to fall with MLTF 2017 and, if it does, exactly what your obligations are going to be to ensure ongoing compliance.
What will you learn?
- What money laundering, terrorist and proliferation financing is
- What guidance documents and sources are available to support you
- When MLTF 2017 will apply
- What risk assessments must be carried out and what policies and procedures must be in place
- How to ensure best practice and compliance when undertaking Client Due Diligence for a client within MLTF 2017
- Knowing when to report MLTF 2017 suspicions (SARs) and to whom
- A short introduction to sanctions and your responsibilities if a client is subject to a sanctions order
- A quick review of the other MLTF 2017 responsibilities expected by the Bar Standards Board (BSB)
After the course, you’ll
- Have an oversight of the whole MLTF 2017 process and particularly work might fall within MLTF 2017
- Have a clear route-map to guide you through the whole MLTF 2027 process with increased confidence to make informed decisions and know where to seek guidance
- Understand what risk assessments, policies and procedures should be in place in order to manage and mitigate the risks of breaching MLTF 2017
Who should attend?
Self-employed barristers, clerks and other chambers staff.
CPD
3.5 hours
Prices
- Full price: £225 (plus VAT)
- Bar Representation Fee members: £180 (plus VAT)
Chambers Training Package
This training session is available as part of our Chambers Training Package (3.5 credit hours). Chambers membership gives you access to a range of training and support throughout the year, chosen to suit your needs. Find out more about our packages.
In-chambers training
We can offer this training in-chambers, including at chambers on the circuits. Please contact our Training and Events team for information on dates and pricing.
Paperless training packs
To minimise environmental impact and the amount of paper you have to carry with you, Bar Council training packs are paperless. As a delegate you will receive the materials you need for the training by email in advance, which you can access on your laptop or tablet or print in advace if required.
Throughout the training, there will be references to various Bar Council guidance or external documents which are included as a hyperlink within the attendee workbook.
Book your place for 'Anti-money laundering and terrorist financing'