Understanding the application of, and compliance with, the Money Laundering and Terrorist Financing Regulations (MLTF 2017) is a high priority for the BSB and for the profession. In addition, money laundering opportunities associated with the Covid-19 crisis are being heartlessly exploited by criminals increasing the risks for all self-employed barristers.
This practical and interactive anti-money laundering (AML) workshop is designed to de-mystify many of the ‘fear factors’ associated with the anti-money laundering regulations.
Adopting a practical and interactive approach, this workshop provides a clear and practical route-map through the MLTF 2017 requirements and includes presentations, practical case study examples, small group discussions and sharing of feedback.
Format and group size
- Practical facilitated session combining presentations, group work and discussion
- Delivered online for mixed groups of barristers
- Maximum 20 attendees
What areas does the course cover?
- What money laundering is, and its practical application to self-employed barristers
- The need for yearly risk assessments (if MLTF 2017 applies) and documenting assessments appropriately
- Applying Customer Due Diligence risk sensitively
- Knowing when to report money laundering suspicions and to whom
Who should attend?
-
Barristers, clerks and other chambers staff
There are no current dates confirmed for this course, but new dates will be announced soon.