Sham Litigation & Money Laundering - Key Risks in 45 Minutes

Introduction

The Solicitors Regulation Authority has recently issued guidance on the risk of sham litigation being used for money laundering purposes. With litigation generally falling outside the scope of the Money Laundering Regulations, sham litigation poses a potential risk to lawyers and firms whose work might otherwise be regarded as low risk for AML and other financial crime.

Presented by expert speaker Laurence Howland, this webinar will explore what sham litigation is, how to identify it and what action to take if you suspect that you are being instructed in a sham litigation case.

Consideration will also be given to how sham litigation might be linked to wider financial crime risks such as sanctions evasion, bribery and corruption and broader financial crime typologies.

This webinar is ideal for law firm MLROs, MLCOs, compliance staff and fee earners with direct responsibilities under the Money Laundering Regulations.

What You Will Learn

This webinar will cover the following:

• The definition of sham litigation
• Sham litigation methodologies
• Money laundering offences outside the regulated sector
• The new SRA regulatory guidance
• Red flags of sham litigation
• Wider economic crime implications
• Preventative measures
• Case studies and the real-world risk

This pre-recorded webinar will be available to view from Tuesday 15th April 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.