Often the first point of contact for clients, legal secretaries, paralegals and executives play a key role within practices, receiving client identification documentation, or reminding clients to bring acceptable forms of identification with them to the first consultation and ensuring that this documentation is appropriately filed. Even at this early stage, potential concerns around lack of documentation can be flagged to your practice’s Money Laundering Reporting Officer. As such, the role of support staff in aiding solicitors to comply with their AML protocols and procedures is critical.
This talk looks at Business Risk and Client Risk Assessments, Policies Controls and Procedures, and the differences between money laundering and terrorist financing, before going through common queries received by the AML helpdesk. It’s part of the Law Society’s Certificate in Legal Skills and an important resource for any non-solicitor staff in your law firm.