AML for Legal Professionals - Keeping Ahead of the Fraudsters

Introduction

This 1-hour e-Learning programme is designed to provide fee earners and management with a sound understanding of the current regime.

It will incorporate the relevant law, the current regulations and the latest Legal Sector Affinity Group guidance, all of which build up a complex web of provisions and suggestions to enable us to keep ahead of the fraudsters.

What You Will Learn

With interactive learning activities, knowledge checks and key reminder messages from ‘virtual Trevor’, the programme covers the following:

• The basic provisions of the Proceeds of Crime Act 2002
• Subjective offences (ss 327-329)
• Objective offences (s 330)
• Tipping off and prejudicing investigations (s 333, 342)
• When should I become suspicious?
• What to do when I become suspicious? Reporting a SAR
• The key regulations
• 2017
• 2019
• 2020
• Customer due diligence (CDD) on clients- who, what, when and how?
• Source of wealth and funds enquiries
• Enhanced CDD - PEPs and others
• Ongoing monitoring

You can take each section at your own pace, picking up where you left off and are able to see your progress throughout.

The programme concludes with an assessment. Your score will be recorded and 'super-user' reporting functionality for the organisation as a whole is available in the MBL learning platform.