Anti-Money Laundering & Client Due Diligence for Law Firm Support Staff - Live at Your Desk

Introduction

This virtual classroom seminar is aimed at the support teams within law firms who frequently have the task of undertaking CDD on clients.

In the light of the revised LSAG Guidance Note 2021, you will learn the essentials of CDD and what the regulators expect of law firms in the performance of this key duty, especially since the requirements have been refined by the recent money laundering regulations.

The purpose of the session is to give you a solid foundation of knowledge in this area and help you understand how the CDD process can be used to protect your firm.

What You Will Learn

This live and interactive classroom seminar will cover the following:

• What is money laundering?
• Analysis of CDD requirements for private companies, LLPs, partnerships, limited partnerships, charities, trusts and foundations
• Beneficial ownership and understanding complex corporate structures, including nominee arrangements and bearer shares
• Extra steps now required for companies
• The availability and use of electronic searches
• Simplified & enhanced due diligence
• Politically exposed persons - what are they and what do you do if you spot one?
• Sanctions list checks
• Ongoing monitoring

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.