Overview

Solicitors must always be alert to the risk of money laundering. The obligation of ongoing monitoring does not end when completing customer due diligence and commencing a matter. As such, it is critical they understand their legal duty in the UK, be able to identify red flags, perform due diligence and report anything suspicious. This content has been updated for 2022.

Objectives

This training will enable learners to:

• describe what money laundering is
• describe their UK AML obligations and effective ongoing monitoring
• identify money laundering red flags
• recognise when to use simplified or enhanced customer due diligence