AML Spring Update 2026

The announcement that the FCA is to take over AML supervision has made us prick up our ears. If and when it happens, it might require us to rethink our approach to AML Compliance generally.

This, along with a fresh approach to Source of Wealth and Source of Funds enquiries, a fresh list of high risk countries published in February 2026, a refreshed focus on operational compliance and some forthcoming Amendment Regulations due in ‘early 2026’ all add up to the latest round of modifications to an already overburdened system.

The unremitting force of the SRA may have taken a slightly less threatening tone since the advent of Sarah Rapson as the new CEO, but that does still not give us any excuse to back-pedal on our compliance requirements.

Oh, and war in the Middle East and the sanctions regime….it seems to be one battle after another.

Who this is for:

All staff with client contact.

Level of expertise:

This webinar is suitable for all levels.

CPD hours:

This webinar provides you with 1 hour of learning.

Attendees will receive a CPD certificate upon completion of this course.

Learning objectives:

Delegates will learn:

• The key question – what IS money laundering?
• What does it mean to be a ‘gatekeeper’?
• SRA enforcement
• What do we have to do to comply?
  • CDD; e-ID&V
  • CRAs with rationale
  • MRAs with rationale
• New initiatives and amendments
  • New HRCs
  • New Regulations
  • Thematic reviews into Operational Compliance - RTFM
• The crucial importance of Ongoing Monitoring
• What are the consequences of non-compliance