Topics to be covered include:
- AML in context - Background & Real World Examples
- Perspective of an ex-supervisor - the UK's Regulatory Agenda & Supervisory Expectations
- AML 101s - A reminder and run-through of essential Policies, Controls & Procedures
- What does "a risk-based approach" actually mean in practice
- Source of Funds & Source of Wealth - why they are so important and how far should you go?
- Suspicious Activity Reporting - when might concern become suspicion, what you must do about it, and how.
- Some final thoughts - why good AML control = good business practice
- Q&A
The sessions will be delivered by Graham MacKenzie, who is the Director of AML & Economic Crime Risk at Amiqus and is the former Head of AML at the Law Society of Scotland, the AML supervisor for Scottish Solicitors. Across his 8 years at the LSS, Graham built out the supervisory inspection function there and was a member of the Legal Sector Affinity Group (LSAG) and chaired the group responsible for the extensive 2020 rewrite of the HM Treasury LSAG AML Guidance for the legal sector. Graham also authored extensive parts of the guidance in conjunction with colleagues at the SRA, LSNI and LSEW. He is a former chair of the UK AML Supervisors Forum of representatives from government, law enforcement, AML supervisory authorities and professional body supervisors.
