Training & Certification
Anti-Money Laundering
Designed primarily with clerks and chambers staff in mind, this training covers all you need to know on complying with required Anti-Money Laundering practices.
In the legal sector, no solicitor, barrister, or clerk is safe from the threat of financial crime in today’s world. Each year, an estimated £100 billion of ‘dirty money’ passes through the UK, with criminals targeting legal professionals to aid them in their attempt to launder money.
By completing this training, you will develop an understanding of money laundering, how to identify it, and, crucially, how to avoid falling victim to it.
Too often, anti-money laundering checks are assumed to be the responsibility of the instructing solicitor, however ‘however barristers and chambers are equally responsible for carrying out their own checks.
This training offers the following:
Select one of the options below to see the features of this training module.
Training
- Anti-Money Laundering Training Module
- sector-specific
- accessible online 24/7
- simple and straight-forward language
- annually updated
- certificate
- Randomised Multiple-Choice Exam
Access to all materials for 12 months.
Business Support
- Client Care Manager
Business Advantage
- Private Business Portal
- 100% Control for the Client
- Automated Progress Reports
- Automatic Reminders
- Limited Admin Required
Who is this training designed for?
Barristers and chambers staff who want to:
-
- Increase their knowledge of the money laundering process and how to identify it in a legal environment.
- Gain awareness of money laundering offences and how they affect barristers, clerks, and chambers alike.
- Learn what practical steps to take when money laundering offences are suspected.
- Understand assessing risk in relation to money laundering and the due diligence process when assessing clients.
Included within this training:
- 12 months access to the content
- Flexible, technology-led learning
- Certificate of completion
Consequences of failing to comply with AML requirements:
Reputational Damage
Long-standing clients may choose to take their business elsewhere.
Prosecution
For the most serious of cases, individuals may face up to 14 years imprisonment.
Unlimited Fines
You may be heavily fined if you don't comply with AML practices.
Frequently Asked Questions.
-
What's included in this training module?
Full access to AML training module for 12 months. This includes a certificate if completed successfully.
-
What topics does this training module cover?
Gain an understanding of:
-
- What is Money Laundering
- What are the risks and consequences for barristers and chambers
- Be able to identify the warning signs and red flags of money laundering
- Have an awareness of the main money laundering-related criminal offences.
- Understand the risk assessment and due diligence requirements needed to assess clients.
-
-
How long is my certificate valid for?
Your certificate will be valid for one year from the date of completion.
Data Security Compliance Framework for Business Owners
Briefed’s end-to-end compliance solution for sole traders and business owners.
Read More
Equality, Diversity & Inclusion Accreditation
A collection of training modules for those working at every level at the Bar.
Read More
Anti-Racism Training
A training module for those working at every level at the Bar.
Read More
