Course description
The burdens on law firms of all kinds keep increasing as we all try to come to terms with the wars in Europe and the Middle East and the increasing attacks on our household finances. Not least of them is the plethora of checks we need to make on our clients before we can open our gates and let them in to our inner sanctum. That said, the electronic search tools that are available are getting better and better and may offer some hope for simplifying our tasks.
This virtual classroom seminar will explore the rules and regulations with which we have to comply and will discuss the tools available.
Key topic covered will include the key requirements of the ML Regulations 2017, as amended; new guidance on Client and Matter risk assessments; availability and use of electronic searches; high-risk jurisdictions; and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The burdens on law firms of all kinds keep increasing as we all try to come to terms with the wars in Europe and the Middle East and the increasing attacks on our household finances. Not least of them is the plethora of checks we need to make on our clients before we can open our gates and let them in to our inner sanctum.
That said, the electronic search tools that are available are getting better and better and may offer some hope for simplifying our tasks.
This new virtual classroom seminar will explore the rules and regulations with which we have to comply and will discuss the tools available.
What You Will Learn
This live and interactive session will cover the following:
- Analysis of the key requirements of the ML Regulations 2017, as amended
- New guidance on Client and Matter risk assessments
- CDD measures
- Availability and use of electronic searches
- Simplified & enhanced due diligence - what exactly is required if we act for a PEP?
- High-risk jurisdictions - why are Russia, Belarus and China not mentioned?
- Don’t forget - ongoing monitoring
- Other risks - sanctions checks, counter proliferation financing checks
Expenses
MBL Seminars Limited
With over 1,000 expert speakers covering more than 3,360 different topics, our course portfolio is vast and can be delivered either online or in-person. With over 450 years of collective professional development experience, we are proud to be trusted to...