Anti-Money Laundering Training Bill Jones T: E:

SRA and FATF AML Audit Campaigns 2015/ SRA and FATF will be auditing the legal profession on compliant AML system. FATF’s audit will include Licenced Conveyancers. Focus will be on compliant systems and training. Robust approach to non compliance with heavy sanctions. 2015/ SRA and FATF will be auditing the legal profession on compliant AML system. FATF’s audit will include Licenced Conveyancers. Focus will be on compliant systems and training. Robust approach to non compliance with heavy sanctions. Are your AML systems Compliant?

NCA – SARs Annual Report Statistics 2013 Sector% SAR’sSAR’s Submitted Banks79.4%251,336 Legal1.24%3,395 Estate Agents0.07%215 Accountants1.71%5,428 Financial Services4.22%13,359 MSBs6.74%21,343 Building Societies3.43%10,844 Consent requests refused = 9.8% Average turnaround time for giving consent = 3.5 days

Where Do Your Risks Lie? The Work You Do and Your Clients

Where Do Your Risks Lie? Your People

Training Your Staff How to recognise suspicious circumstances and associated risks Reporting obligations Handling clients after reporting Tipping off implications Who is the MLRO? Your systems and procedures Defences to ML offences What do your staff need to know?

 On-line training:  Bill Jones - T: or E:  CLC AML Guidance –  LinkedIn – Solicitors AML Group Helpful information Useful Information