Attendance at this course will satisfy the statutory obligation on the firm to ensure that relevant management and staff continue in their awareness of the UK’s Anti-Money Laundering and Countering Terrorist Financing regime.  The refresher training enables staff to maintain an understanding of the Money Laundering Regulations 2007 and other relevant legislation; it includes reference to the regulatory objectives and obligations on both the firm and its management and staff.  The course also includes reference to the latest issue of The Law Society’s Anti-money laundering practice note (22nd February 2008) and its “approved status”.  The role of the Solicitors Regulation Authority (SRA) and the position of the FSA are also considered.
In order to comply with the requirements and ensure staff maintain an appropriate level of competence, each attendee will be requested to take an on-line test to re-confirm their competence. The results of the test are made available to the firm's MLRO.