Agenda

On the 15-16 July 2020 attendees of Anti-Money Laundering for Law Firms gathered to discuss ideas and new thinking, benchmark MLRO processes, and hear leading voices in anti-money laundering share their expertise and best practice.

Onboarding new clients: the challenges of Covid-19
Wednesday 15 July 10:00 - 11:00 

•    How have these AML challenges been met?
•    Overview of supporting products 
•    General insight, product insight, regulatory insight
Tom Devlin, Senior Director, RiskScreen

Implementing the 5MLD: where are we now?
Wednesday 15 July 11:30 - 12:30 
  • Practical steps with EDD measures for high-risk countries
  • Explaining the improved identification process - politically exposed person 
  • Greater transparency – the new processes behind beneficial ownership

Guy Wilkes, Partner, Mischon de Reya

Unexplained wealth orders: recent developments
Wednesday 15 July 14:30 - 15:30
  • The implication of the High Court’s April 2020 decision 
  • NCA inadequacies: what’s ahead?
  • Complexities and concerns of legitimate investigators

Jonah Anderson, White collar crime partner, White & Case LLP

Internal v external audits
Wednesday 15 July 16:00 - 17:00 
  • What does an ideal auditor look like? Traditional audit or privileged report?
  • Maximising the benefit of audit from scope onwards
  • An auditor’s observations

Sarah Mumford, Risk & Compliance consultant

Express Trust Registers  
Thursday 16 July 10:00 - 11:00 
  • Requirements of the 5MLD, expanding on the 4MLD
  • Who will be caught by the new provisions?
  • Contributions to and outcome of the HMRC treasury consultation

Mara Monte, Senior Associate, Withers Worldwide
Emma Cooper-Hedges, Associate, Withers Worldwide

This session will be previously recorded

Preparing for an SRA visit: a case study on process and action points
Thursday 16 July 11:30 - 12:30
  • Advance of the SRA visit: preparing documents and stakeholder input
  • What to expect: notification of follow up visits and next steps
  • Implementing the recommendations: what's needed and when needed

Rebecca Atkinson, Director, Risk and Compliance, Howard Kennedy LLP