Enhanced AML Training for CLC-Regulated Firm

Effective AML training helps compliance officers and other relevant members of staff understand their responsibilities and apply regulatory requirements to the risks encountered in day-to-day conveyancing practice.

Legal Eye provides live, interactive enhanced AML training designed specifically for CLC-regulated firms. The session combines core responsibilities with current and emerging risks, helping participants strengthen their risk assessments, supervision and practical decision-making.

Training is delivered exclusively to your firm and tailored following an initial scoping call with your MLRO or other relevant compliance lead.

Depending on your firm’s requirements, the training can cover practice-wide, client and matter risk assessments, source of funds and source of wealth, sanctions, suspicious activity reporting and other current AML risks affecting CLC-regulated practices.

Discuss Your AML Training Requirements

Core areas the training can cover

Following the initial scoping call, the content will be tailored to your firm’s requirements. Topics can include:

• The practical roles and responsibilities of MLROs and other compliance personnel
• Practice-wide, client and matter risk assessments
• Proactive supervision, management and file reviews
• Client due diligence and identification and verification
• The use of technology within identity-verification processes
• Source of funds and source of wealth enquiries
• Suspicious activity reports and UKFIU reporting
• Sanctions compliance and relevant OFSI requirements
•  Material discrepancy and regulatory breach reporting
• Cryptocurrency and other emerging financial-crime risks
• Current CLC findings, guidance and areas of regulatory focus

Keeping pace with CLC AML requirements

CLC-regulated practices must maintain a documented practice-wide risk assessment under Regulation 18 and ensure that it informs their client and matter risk assessments.

The CLC regularly updates its guidance and sector-level assessment to reflect changes in legislation and emerging threats. Its current Sector Risk Assessment highlights areas including corporate entities as clients, cryptocurrency, the use of artificial intelligence to circumvent client due diligence and risks associated with property developers.

Legal Eye’s enhanced training can be tailored to help your team understand current developments and consider how they affect your firm’s policies, procedures and day-to-day work.

Who is the training for?

The training is particularly suitable for:

• MLROs and Deputy MLROs
• Compliance officers and internal compliance teams
• Owners, managers and directors
  Licensed conveyancers and other fee earners
• Members of staff responsible for client due diligence
• Anyone with enhanced AML supervision or reporting responsibilities

How the enhanced AML training works

1. Initial discussion: We discuss your firm, its services and the objectives for the training.
2. Scoping call: Key topics and areas of particular risk are agreed with your MLRO or compliance lead.
3. Tailored preparation: The session is prepared to reflect your firm’s requirements and current regulatory developments.
4. Live online delivery: The interactive session is delivered exclusively to your firm.
5. Training materials: A recording and presentation slides are provided for appropriate internal use.

Training developed by legal-sector compliance specialists

The training is developed and delivered with input from Legal Eye’s experienced legal-sector risk and compliance professionals. Our practical approach helps participants understand how regulatory requirements apply to the risks and decisions encountered in their day-to-day work.

Discuss Your AML Training Requirements

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Frequently asked questions

Who is the enhanced AML training designed for?

The training is designed primarily for MLROs, Deputy MLROs, compliance officers, managers, conveyancers, fee earners and other members of staff with enhanced AML responsibilities within CLC-regulated firms.

How long does the training take?

The live training session takes approximately two hours. The precise content will be agreed during the initial scoping call and tailored to your firm’s requirements.

Is the training delivered live and online?

Yes. The training is delivered as a live, interactive online session, allowing participants to ask questions and discuss how the topics apply to their work.

Is the training exclusive to our firm?

Yes. Each session is delivered exclusively to your firm, enabling the content and discussion to focus on your services, procedures, risk profile and training requirements.

How is the session tailored?

Before the training, Legal Eye will hold a scoping call with your MLRO or another relevant compliance lead. This will be used to identify your firm’s priorities, areas of particular risk and the topics that should receive additional focus during the session.

Will we receive a recording, and can it be shared with colleagues who cannot attend?

Yes. A recording of the session and a copy of the presentation slides will be provided. The recording can be shared internally with relevant members of staff who were unable to attend the live session, allowing them to access the training at a later date.