As part of our ongoing work to refresh the anti-money laundering (AML) resources we make available to the profession, we have recently added an example ‘AML Risk Assessment Form’, which can be downloaded and used by member firms.
The form is designed to help firms in assessing AML risks posed at both client and transactional level.
This is one of a number of resources which have recently been added to the AML section of our website. Others include: a new ‘AML Good Practice Guide’ and ‘Developing AML Policies & Procedures’ guide, along with ‘NCA Suspicious Activity Reporting guidance’ and practical tools/links which firms can use to spot fake identification documents.
In addition to ensuring all content is current and up-to-date, we also now link directly to the Law Society of England & Wales AML practice note, which we have now adopted as guidance for Scottish law firms.
Our 2019 annual conference will have a session on business and financial crime in Scotland