‘Major changes in financial crime and AML compliance lie ahead in the coming years. The 4th EU Money Laundering Directive and resultant update of the UK regulations will have a significant impact on the legal profession. Solicitors will also need to be ready to deal with new domestic rules on ultimate beneficial ownership information and new orgfanised crime offences. Compliance activities will come under scrutiny in the SRA thematic review of AML systems and the forthcoming FAFT Mutual Evaluation Review of the effectiveness of the UK’s AML regime. All of these developments will have substantial implications for solicitors and the way they conduct their business.’
CPD hours 5.75
Date: 20th November 2014, 9.00am-5.30pm
Location: The Law Society, 113 Chancery Lane, London WC2A 1PL
Charge: see website for details
More information can be found here.