Course description
On the 5 March 2024, the SRA released their latest sectoral risk assessment.
Ideal for MLROs and compliance officers, this short webinar will offer a round-up of the SRA’s views on emerging risks to law firms in terms of AML, and the factors which must be taken into consideration when updating your practice-wide risk assessment (PWRA).
Join one of our most popular speakers, Joanna Morris, as she discusses why you need a sectoral risk assessment, emerging risks including vendor fraud, pooled client accounts, and third party managed accounts, SRA proactive supervision, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
On the 5 March 2024, the SRA released their latest sectoral risk assessment.
Ideal for MLROs and compliance officers, this short webinar will offer a round-up of the SRA’s views on emerging risks to law firms in terms of AML, and the factors which must be taken into consideration when updating your practice-wide risk assessment (PWRA).
What You Will Learn
This webinar will cover the following:
- Why you need a sectoral risk assessment
- The SRA and emerging risks including vendor fraud, pooled client accounts, third party managed accounts and irregular methods of transferring funds
- Emerging risks to consider in your PWRA
- SRA proactive supervision - things to note
- Risks in the legal sector
- Key points for the five areas of risk to consider in the PWRA - clients, geographic, products and services, transactions and delivery channels
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...