About the course

A practical and interactive workshop focusing on a review of the law and its application in day-to-day practice. The three-hour session will include short presentations, practical case study examples, small group discussions and sharing of feedback.

There are no current dates confirmed for this course, but new dates will be announced soon.

 

What the session covers:

  • Practical application of the Money Laundering and Terrorist Financing Regulations 2017 to both contentious and non-contentious areas of work
  • Good practice procedures and understanding the basic steps - "Know Your Client"
  • When and how to apply Client Due Diligence (CDD) to your client
  • When the need for risk assessment and the levels of risk investigation are required for individual practices and for your clients
  • Practical steps when facing red flags and the need for continual assessment 
  • Knowing when to report suspicions (Suspicious Activity Reports) and to whom (National Crime Agency)
  • Tipping Off - the statutory prohibition and possible risks
  • Responsibilities of chambers and record keeping
     

How you will benefit from the training

  • Increased confidence in understanding and applying the law in relation to financial crime, and the effect it has on your practice in terms of practical risk procedures
  • Increased confidence in compliance with ongoing legal responsibilities
  • Increased awareness to risks


There are no current dates confirmed for this course, but new dates will be announced soon.