AML Training for Legal Professionals - Refresher

The Primary and Secondary Laws relating to the prevention and detection of money laundering and terrorist financing.
Examples of regulatory enforcement including the role of the Solicitors Regulation Authority.
What is money laundering?
Offences and penalties.
Requirements of the legislation.
The risk based ‘Customer Due Diligence’ (CDD) obligation.
The role of the MLRO.
Suspicion reporting.
Best practice: The Law Society’s Anti-money laundering practice note.
Sanctions.
PEPs.
Monitoring.
Legal Professional Privilege.
Awareness and training.
Record keeping.