AML & CTF: the regulations and LSAG guidance (Part 2)

  • 1hr 1m
  • All Levels
  • Released 6th Jun 2021
  • Share the video

Have a question? If you have any comments or feedback around this content, please get in touch.

This session will cover the various sets of ML Regulations which govern how firms should engineer their internal processes to enable fee-earners to know their clients and be able to spot when things are going wrong and may need reporting. A full discussion of the latest LSAG guidance and SRA and Law Society resources will be included.

Learning objectives:

  • The ML Regulations 2017, 2019, 2020 and 2021
  • MLCO and MLRO – who is who?
  • What are my duties under the regulations?
  • Risk Assessments and the scrutiny of BOOMs
  • Customer Due Diligence - KYC
  • Further investigations beyond identity
  • The use of electronics
  • SDD and EDD and the steps to take
  • Ongoing monitoring
  • Reliance, record-keeping and training

Your CPD Certificate can be found in your Account.

Trevor Hellawell

CEO • ExL Practice Development

Trevor Hellawell is a solicitor and legal training and management consultant working with major law firms, local law societies, many legal training providers and other clients. Until going freelance in 1999 he was a full time lecturer with the University of Law, ending his career as a Principal Lecturer at the York Branch. Until recently returning to the freelance arena, he was Head of Law Programmes at BPP.

View Full Profile

Recommended for you

Sign up - get notified first of new content releases

Social Channels

© 2021 All rights reserved For Media Group Registered in England No. 13063455 VAT Registration Number GB367031995