The SRA Annual AML and Sanctions Data Collection – are you ready?

It's that time of year again. The SRA will shortly be launching its annual AML and Sanctions Data Collection exercise. All firms are required to complete the questionnaire, regardless of whether they undertake work that falls within the scope of the Money Laundering Regulations 2017 (MLR 2017).

While the questionnaire may appear straightforward, many firms find it challenging to gather the required information due to the way data is stored and categorised within the practice. Even where information is not readily available, the SRA expects firms to make reasonable efforts to provide accurate responses.

In this one-hour session, we will take a detailed look at the questionnaire and explore practical ways to collate the information required. We will cover:

• Why does the SRA need this information?
• Do you need to complete the questionnaire if you do not undertake work covered by the MLR 2017?
• A detailed review of the questionnaire and where to find the information required
• How do you submit your responses?
• What happens after you submit the questionnaire?

Don't leave the questionnaire until the last minute. Join us to understand what's required and ensure you're prepared to complete the exercise confidently and accurately.

Who this is for:

This webinar is relevant for all compliance officers and reporting officers that will be receiving their data collection exercise in June and July.

Level of expertise:

This is relevant for anyone completing this exercise for the first time, or returning to submit this exercise again.

CPD hours:

This webinar provides you with 1 hour of learning.

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

Learning objectives:

To understand what's required and ensure you're prepared to complete the SRA’s AML and Sanctions Data Collection exercise confidently and accurately.