As anti-money laundering practices begin to take a more risk-based approach, MLRO operations are evolving. The SRA now require more action from today’s Risk and Compliance Officers and have sent over 7,000 letters to law firms requesting them to respond to audits and change. The 5MLD is up and running and the outlook for the future is just as challenging with a possible 6MLD expected, the growing importance of cryptocurrencies and amidst global regulatory developments.

Because of this, risk and compliance professionals from across the UK came together at the annual Anti-Money Laundering for Law Firms conference on 15th-16th July 2020 to explore ideas and new thinking, benchmark their MLRO processes and hear from leading voices in money laundering sharing their expertise and advice.