Anti-Money Laundering - Risk Factors & International Instructions for Law Firms
The Money Laundering Regulations 2017 require all firms to develop a risk assessment taking account of several factors including the risks posed by geographic reach.
This live broadcast session will help you to assess your geographic risk and will explore AML risk factors associated with international instructions.
It will discuss the guidance from domestic and international regulatory authorities regarding the assessment of risk and is aimed at UK firms who receive international instructions plus firms who have parent structures in other countries, but are registered and regulated in England or Wales.
If you are looking for the current position from the regulators (both in the UK and overseas) about AML risk and how to analyse it, then this learn live session is for you.
What You Will Learn
This live and interactive broadcast will cover the following:
- A refresher of the requirements regarding the assessment of risk
- Geographic risk factors highlighted by domestic regulators including the SRA, CLC and the Financial Action Task Force
- Going beyond FATF - possible sources of international information for geographic risk factors, what they consider and how to set up your own search
- Looking for solutions - tightening your controls and developing your procedures - ideas from around the world
Quick Quiz - Test Your Knowledge: Money Laundering
Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.