This fully CPD accredited AML online course is designed for legal professionals and businesses. The course is self-paced and will give you the opportunity to raise awareness by explaining what is AML, the risks involved in the legal sector as well as the red flags indicators involved in the legal sector and the steps to take if you were to come across something suspicious.
All our Anti money laundering (AML) training and Know Your Customer (KYC) training courses are evidenced at the time of completion with a digital certificate.
In this legal sector online course you will learn about the following:
- Introduction to legal professionals and money laundering
- Anti-money laundering (AML) regime for legal professionals/practitioners
- The impact of money laundering on our society and economy
- The money laundering cycle
- Where does money laundering occur
- Key Organizational Bodies
- Due Diligence and Know Your Customer (KYC) requirements
- High-Risk clients and EDD measures
- Politically Exposed Persons
- Sanctions
- Performing money laundering, terror financing and sanction risk assessment
- Red Flags
- How to comply with AML regulations
- What are the consequences of not being compliant
- The elements of an AML program
- Record keeping in AML Compliance
- Reporting suspicious behaviour
Who is the legal sector AML course suitable for?
– Anyone with an interest in Anti Money Laundering/Know Your Customer
– New entrant at a professional level to the legal sector (e.g. paralegals, lawyers, solicitors, operation staff in law firms, Business owners, partners)
– Consultants, Project managers, operational staff or anyone whose role involves managing risk in the customer onboarding process within the legal sector
Benefits of taking this legal professional AML/KYC Course?
Taking a AML certification course or Anti Money Laundering certification Course can not only enhance your knowledge but give you the opportunity to stand out from the rest of your peers at your current role or at the time of applying for an AML/KYC position. Most importantly it will keep you in compliance with the current AML regulations with your jurisdiction where legal professionals are required to be trained on AML on an ongoing basis.
This legal AML course can be taken at your own pace in any of the following formats:
– Desktop
– Laptop
– Tablet
– Smartphone devices
This legal sector online AML course includes:
– 90 minutes video lessons
– End of course quiz (Multiple choice style 17 questions – 25mins)
– Digital Certificate of Completion
– 2 Continuous Professional Development (CPD) credits
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Legal sector AML Course
- Introduction to course – Legal professional sector
- Course Objective and Content – Legal professional sector
- Who are Legal professionals and why AML checks apply
- What is Money Laundering and Terrorist Financing
- The Impact of Money Laundering on our Society and Economy
- The Money Laundering Cycle
- Where does Money Laundering Occur
- AML Obligations Imposed by Regulators
- Client Fund Management
- Key Organizational Bodies
- What is Source of Wealth and Source of Funds
- Due Diligence and KYC Requirements
- High Risk Clients and EDD Measures
- Performing Money Laundering and Terrorist Financing Risk Assessment
- What is PEP and when to screen
- Adverse Media and when to screen
- What are Sanctions
- Global Sanction Regimes
- What is Sanction Screening – Across all industries
- What are Red Flags
- Reporting Suspicious Behaviour
- How to implement an effective AML Program
- Record Keeping Requirements
- Recap – AML Compliance legal professional sector
- End of Course Test – Legal sector
