AML Legislation 2024 - A Bitesize Update for Fee Earners

Introduction

Are you uncertain what the regulators expect from law firms in respect of anti-money laundering requirements and safeguards?

If so, then this webinar is for you.

Presented by compliance expert Trevor Hellawell, this short webinar will summarise the current state of play regarding the key duties imposed on law firms of all kinds by the increasingly complex legislation which has advanced the thinking in a few key areas.

Essential for fee earners, this webinar will give you a solid foundation of knowledge in this area and help you understand how the various processes can be used to protect your organisation.

For details regarding the key duties imposed on law firms by the various Regulations and the LSAG Guidance Note, please see Trevor’s webinar (Title TBC - AML Regulations 2024 - A Bitesize Update for Fee Earners)

What You Will Learn

This webinar will cover the following:

• What is money laundering - A refresher
• New provisions in relation to fraud prevention
• Identity fraud & other financial crimes - Terrorism, sanctions, proliferation financing and cybercrime
• The Economic Crime Act 2022 and the Register of Overseas Entities
• The Economic Crime & Corporate Transparency Act 2023
• Crypto-currencies - What should our stance be?
• The key legislation in brief - Proceeds of Crime Act 2002 Part 7

This webinar was recorded on 18th January 2024