AML for Private Client Practitioners - A Bite-Sized Update

Introduction

Anti-money laundering and related legislation imposes increasingly onerous obligations on practitioners and firms who must respond appropriately when providing legal services. And those involved in private client and tax planning work must devote considerable time and energy to protect themselves against the ever-increasing burdens.

As new regulations keep being applied, the SRA identifies lack of awareness of anti-money laundering duties as a high-level risk and expects appropriate and adequate internal controls, systems, and policies.

For the private client team in a firm, hot topics include TRS registration, source of funds and source of wealth issues, risks associated with family clients, and risks associated with particular services and jurisdictions.

This short webinar will be invaluable to the COLP, MLC/RO and those working in a risk or compliance role, as it includes the latest relevant guidance and regulatory thinking.

What You Will Learn

This webinar will cover the following:

• The key legislative and regulatory requirements, the Money Laundering Regulations and how to respond in the workplace
• Sanctions and PEPs
• Customer and Enhanced Due Diligence
• Tax advice - MLR and regulatory requirements
• Trust work developments and the Trust Registration Service
• Red flags for private client practitioners

This pre-recorded webinar will be available to view from Tuesday 17th February 2026

Alternatively, you can gain access to this webinar and 1,900+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.