Agenda

Agenda

Wednesday 19 June 2019

09:00    Registration and coffee

09:30    Chair’s opening comments

  Samantha Palmer, Partner, Pinsent Masons LLP

09:35    The SRA’s outlook for anti-money laundering

  • Summary of findings from the latest thematic review
  • Governance, taking a risk-based approach and training
  • The outlook: working with firms, taking action and enforcement

Colette Best, Director of anti-money laundering, Solicitors Regulation Authority

10:15    Looking ahead to 2020

  • Policy update: the current work of The Law Society’s Money Laundering Task Force
  • The forthcoming 5th AML Directive: ongoing implementation and review
  • An update on Suspicious Activity Reports: cross-industry collaboration

Amasis Saba, Head of Business Acceptance and Deputy MLRO, Bryan Cave Leighton Paisner LLP & Chair, Law Society’s Money Laundering Task Force

11:00    Morning networking break

11:20    Panel: The dual responsibilities and functions of the fee-earning MLRO

  • Managing multiple roles, effectively acting as lawyer and compliance officer
  • Clarifying your relationship with your regulator
  • Duties: training, resources, supervision and compliance
  • Handling the potential conflict that arises from being both enforcer and advisor

Moderator:
Guy Wilkes, Partner, Mishcon de Reya

Panellists:

Colette Best, Director of anti-money laundering, Solicitors Regulation Authority
Amy Bell, Director, Teal Compliance and contributing author to ARK’s Anti-Money Laundering Compliance for Law Firms 2nd edition, January 2019
Alex Ktorides, Head of Risk Management and Ethics, Ince Gordon Dadds LLP

11:50   Anti-money laundering and counter-terror financing – are you asking the right questions?

  • Who needs a firm-wide risk assessment, what needs to be done, and how do you do it?
  • Understanding the roles of money laundering compliance officer and money laundering reporting officer
  • Quick wins for implementing effective new controls and mitigating ML/TF risks

Ruth Paley, Principal Associate (of Counsel), Eversheds Sutherland LLP and contributing author to ARK’s Anti-Money Laundering Compliance for Law Firms 2nd edition, January 2019

12:30    Networking lunch

13:30    The FATF review: Where next for AML processes and training?

  • Will additional resources and IT be required?
  • Addressing the underreporting of suspicious transactions
  • Effective AML screening and onboarding

Sue Mawdsley, Partner, Legal Risk LLP

14:10   Cross-industry benchmarking: how the financial sector has responded to AML regulations

  • Managing interaction with the financial services regulators
  • The proactive nature of the Financial Conduct Authority (FCA) approach to AML supervision
  • Assessing financial systems and controls

Michael Ruck, Partner, TLT LLP and contributing author to ARK’s Anti-Money Laundering Compliance for Law Firms 2nd edition, January 2019

14:35   Risk and compliance processes in the finance sector

  • Key processes, risk assessment and procedures
  • Reporting requirements and regulatory challenges
  • Training, employee screening: points for consideration

Tamara Vanmeggelen, Global Chief Risk & Compliance Officer, Mourant

15:15    Afternoon networking

15:35    Panel session: reviewing your processes, reporting and procedures

  • Reviewing management of client due diligence (CDD) processes across a spectrum of law firms
  • Responding to a varied client portfolio
  • Making the best use of your available resources; including IT and training

Moderator:

Richard Beattie, Business Development Manager, Encompass

Panellists:
Angela Craven, Associate, TLT LLP  
Sarah Conway, Partner, Maurice Turnor Gardner LLP
Jo Riddick, General Counsel, MacFarlanes LLP

16:15   Interactive AML case studies

  • This session explores three scenarios with roundtable discussions and interactive voting for participants.
  • New client and business acceptance
  • Employee screening
  • Interaction of AML with other regulations: sanctions, General Data Protection Regulation (GDPR)

Tamara Quailey-Tulloch,Compliance Manager, Brown Rudnick LLP
Emma Williams, Head of Risk & Compliance, Morgan Lewis & Bockius UK LLP

17:00    Chair's closing comments

Samantha Palmer, Partner, Pinsent Masons LLP

17:20    Close of Anti-Money Laundering for Law Firms Conference 2019

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