SRA AML Annual Report 2023-24 - Facts, Figures & Findings!

Introduction

Given the recent spate of law firms fined for AML failings, the SRA AML Annual Report 2023-24 makes for interesting reading.

This virtual classroom seminar will examine the facts, figures, and findings of the SRA thematic reviews and law firm visits, and will use this information to help you to identify areas of concern that you can improve on, should you be visited by the SRA.

This session is suitable for MLROs, MLCOs, deputy MLROs, compliance team members, and anyone else in your firm seeking to improve their knowledge in AML. It will also be suitable for accountants who work closely with and advise solicitors.

What You Will Learn

This live & interactive session will cover the following:

• A brief introduction to the annual report
• Facts, figures and findings:
• How many law firms were reviewed
• How many law firms were fully compliant
• What are the key areas of non-compliance?
• Where can we improve?
• What the SRA expect to see
• Summary

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.