1 to 18 of 7 entries
This webinar will look at higher-risk conveyancing transactions, taking into account a range of factors, such as the concealed dishonesty of a client, the nature of the transaction and the vulnerability of an individual disponor.This presentation will focus on key issues, including identifying relevant risks and addressing major perils.
As part of the Money Laundering Regulations 2017, the SRA have undertaken a review of 59 firms to ascertain how up-to-speed they are with the new machinery introduced in those Regulations. They have also published their first Risk Assessment, in reaction to the results of the Home Office and Treasury Risk Assessments, completed in December 2017. Under pressure from OPBAS and NCA they are further investigating another 400 firms.This webinar will look at what the key roles of both the MLRO AND the MLCO should be. Note too, that despite the altern ... See more
Under Regulation 21 of the Money Laundering Regulations 2017, a firm can appoint a Compliance Officer alongside a MLRO to ensure compliance with the Regulations. This advanced webinar is aimed at those fulfilling that compliance role, providing background knowledge of international policy and best practice positions in money laundering, as well as a different perspective on how to develop your risk assessment and policies and procedures in order to meet the regulations. Delivered by compliance consultant and director of Honne Ltd. Katie Jackson ... See more
With the Money Laundering Regulations 2017 in place, firms are implementing their own risk assessments. As well as taking account of the risk assessments at national, supranational, and regulator level, and the risks posed by their own client profile, firms must also consider the sector specific guidance and warning flags under Regulation 19 of the new regulations.The new regulations also introduce OPBAS, the oversight regulator for money laundering, as well as the Legal Sector Affinity Group, and have prompted an extensive level of interest fr ... See more
Delivered by experienced lecturer and compliance consultant Katie Jackson of Honne Ltd, this introductory webinar will examine the basics of anti-money laundering for those dealing with client due diligence within the legal sector; This might be reception staff handling monies or administration staff working out how to conduct identity and source of fund checks for clients.Outlining the main aspects of the Money Laundering Regulations 2017, this webinar provides a helpful overview of the main risks in money laundering, the roles of the regulato ... See more
The Money Laundering Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 transpose the Fourth EU Money Laundering Directive into UK Law. Despite the new money laundering regulations involving anti-money laundering checks for solicitors, having commenced on 26 June 2017, the legal sector is still struggling to get to grips with the changes including the introduction of criminal money laundering offences and penalties. If you and/ or your firm are asking the following questions, then th ... See more
The Money Laundering Regulations 2017 came into force on 26 June 2017. It has been quite the ride; from consultation on 15 March 2017 through a general election and purdah, the new money laundering regulations were laid before parliament only four days before implementation.Bringing into force the 4th Money Laundering Directive, the new money laundering legislation arguably goes further in some areas. Compared to the Money Laundering Regulations 2007, there is a far greater focus on management responsibility within the Money Launderi ... See more