Anti-Money Laundering Compliance for Law Firms 2017

Register your place for this one-day compliance conference focusing on anti-money laundering regulation for legal services businesses. Now advertising its 13th programme, this conference will clarify the evolving compliance challenges facing legal services businesses, including up-to-date guidance on the 4th Money Laundering Directive and changes to the consent regime.

In association with:

Details

Additional taxes may be applicable

Agenda

09:00 Registration and refreshments

09:25 Chairperson’s opening remarks

Sue Mawdsley, Partner, Legal Risk



09:40 SRA Update

  • Financial Action Task Force (FATF) Mutual Evaluation 2018
  • SRA thematic review
  • Findings from the SRA Risk Outlook
  • Updated on SRA investment schemes

James Dipple-Johnstone, Director of Supervisions and Investigations, Solicitors Regulation Authority

 

10:10 Fourth money laundering directive (MLD): countdown to deadline

  • Training and compliance challenges
  • Implications for customer due diligence
  • Risk-based approach to politically exposed persons (PEPs)

Amy Bell, Head of Compliance Training, Quality Jackson Canter and Chair of the Money Laundering Task Force, The Law Society



10:40 Morning coffee break

 

11:00 Operational preparation for the fourth MLD

  • Procedures for transitioning to risk-based approach operations
  • Preparing for simplified due diligence
  • Detailing third country relationships

Alison Matthews, Director of Quality and Risk, Shoosmiths



11:50 Tax avoidance update

  • Criminal Finances Bill – progress and implementation
  • Key point: failure to prevent facilitation of tax evasion
  • What will it mean for you?

Ross Dixon, Partner, Hickman & Rose and member of the Money Laundering Task Force, The Law Society



12:30 Networking lunch break



13:30 National Crime Agency (NCA) engagement with senior MLROs from the legal sector; a high risk sector for money laundering

  • The future of 'implied consent'
  • Implications for the move from transaction based to entity based
  • Interaction with existing regulatory obligations
  • Impact on business costs and business decisions
  • Response times and NCA response queries

Representative from the National Crime Agency



14:10 UK regulation post EU: Jersey and Guernsey

  • Evaluating Jersey and Guernsey MoneyVal AML rating
  • The future of equivalent status
  • Response and implication from Jersey Finance and Jersey Government

Peter Derrick, Head of Risk and Compliance, Ogier



14:50  Afternoon coffee break



15:20 Sanctions update

  • EU / Office of Foreign Asset Control (OFAC) differences
  • Office of Financial Sanctions Implementation's April 2016 sanctions guidance
  • Use of non-financial sanctions

Louise Delahunty, Partner, Cooley



16:00 Responding to the evolving regulatory challenges

Our panel of experts will explore issues such as:

  • Evaluating new risk-based processes
  • Reviewing and updating operational procedures
  • Preparations for life outside the EU for the Money Laundering Reporting Officer (MLRO)

Moderator:

Sue Mawdsley, Partner, Legal Risk

Panellists:

Duncan Hames, Director of Policy, Transparency International

Angela Robertson, General Counsel and Director of Risk, Taylor Wessing

16:50 Chair's closing remarks

Sue Mawdsley, PartnerLegal Risk



17:00 Close of conference

Full Description

Attend Anti-Money Laundering Compliance for Law Firms 2017 to:

  • Review and align your business practices with an update from the SRA on anti-money laundering and thematic review

     
  • Prepare your legal services business for the implementation of the 4th Money Laundering Directive

     
  • Evaluate the potential for regulatory changes posed by the Criminal Finances Bill

     
  • Gain clarification and compliance pointers from the National Crime Agency on their plans to increase engagement with money laundering reporting officers (MLROs)

     
  • Untangle the differences between guidance from the EU and Office of Foreign Assets Control (OFAC) with an update on sanctions

Are you keen to know up-to-the-minute information on the 4th Money Laundering Directive and its implementation in June 2017? 

Or perhaps you need to know more about the increasing risk-based approach to anti-money laundering practices that all MLROs must stay abreast of.

Fear not. This year's line-up of speakers and topics at the Anti-Money Laundering Compliance for Law Firms 2017 conference will help you and your business adequately prepare for the year ahead.

Regarded as a must-attend event for MLROs, directors and heads of compliance and managing partners or CEOs at legal services businesses, this conference is your one-stop shop for aligning your practices and procedures to deal with this year's 'shopping list' of upcoming regulatory challenges.

This event is now advertising it's 13th programme and the one-day event combines policy updates with operational checklists and high-level forward thinking in order to prepare those with reporting responsibilities transition to a new way of working.



New for 2017

  • Gain insight from the National Crime Agency on feedback and key concerns regarding crime reporting procedures in order to reduce risk and streamline processes

     
  • Get up to speed on new tax evasion provisions

     
  • Listen to a range of senior level perspectives on the evolving regulatory challenges via an interactive panel discussion

     
  • Receive up-to-the-minute guidance on the 4th Money Laundering Directive, containing practical preparation guidance so your business can adhere to the new regulations

With weaknesses being detected in law firm processes concerning money laundering detection, firms must ensure that the right procedures are followed. Make sure your firm is compliant in June 2017. Register your place today.



Why not take advantage of our early bird discount?

  • Save £54 when you book before Friday 3 March 2017. Pay £595 for your place.

You'll pay the full price of £649 after Friday 3 March 2017

Top industry speakers

Sue Mawdsley

Partner, Legal Risk

Amy Bell

Head of Risk and Compliance, Quality Solicitors and Chair of the Money Laundering Task Force, The Law Society

Alison Matthews

Director of Quality and Risk, Shoosmiths

Peter Derrick

Int.Dip (Comp); Int. Dip (AML); FICA; Certified Professional, Head of Risk and Compliance, Ogier