In January 2024 alone, reports were published about the SRA taking enforcement action against 3 firms and 4 individuals for failure to comply with the Money Laundering Regulations 2017. The fines issued for these non-compliances total over £570,000 plus costs. The absence of staff training, or requirement to complete additional training, was noted in a number of these cases. As a manager of a law firm, or more crucially an MLRO or MLCO, the ultimate responsibility for the firm's compliance, including with the MLR 2017, lies with you. It is your responsibility to ensure that the firm puts in place, reviews and updates compliant policies, controls and procedures. You must ensure that the firm maintains an up to date practice wide risk assessment. You are required to ensure that your employees are regularly given training on the MLR 2017 and associated risks. If a breach occurs, the SRA will take a wider look at the firm and identify any supervisory deficiencies that may have contributed to failures by fee earners or support staff. It has proven that it will not shy away from holding to account managers, compliance officers and MLRO/MLCOs for failures by their firms to comply with requirements of the MLR 2017. This course will cover the following to assist firms MLROs, MLCOs and Management with fulfilling their AML management responsibilities: How to comply with your obligations and stay compliant FWRA – linked with PCPs Mandatory AML Policies and Procedures - SRA have concerns Training and supervising staff Audits SRA requirements Reporting SARS POCA/TA Fulfilling reporting officer and compliance officer duties Target Audience The online course is suitable for MLROs, MLCOs, firm management and those supporting these roles. Resources Comprehensive and up to date course notes will be provided to all delegates which may be useful for ongoing reference or cascade training. Please note a recording of the course will not be made available. Speaker Helen Torresi, Consultant, DG Legal Helen is a qualified solicitor with a diverse professional background spanning leadership roles in both the legal and tech/corporate sectors. Throughout her career, she has held key positions such as COLP, HOLP, MLCO, MLRO and DPO for law firms and various regulated businesses and services. Helen’s specialised areas encompass AML, complaint and firm negligence handling, DPA compliance, file review and auditing, law management, and operational effectiveness in law firms, particularly in conveyancing (CQS).
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Day 1 of the Industrial Electrical Maintenance Part 1 consists of: Electricity at Work Regulations 1989, requirements and implementation Working safely, including the importance of isolation procedures and lock out systems Switches and Push Buttons, an explanation of the various types of switches and push buttons, the terminology and electrical symbols which are used in industry today, along with practical testing of functionality Relays and Contactors, principles of operation, purpose and uses Circuit design using BS electrical symbols and ladder diagrams, simple retaining circuits Construction of the above circuit, demonstrating the techniques of cable termination. Day 2 of the Industrial Electrical Maintenance Part 1 consists of: 3 phase induction motors, synchronous and asynchronous Description of the component parts of a 3 phase induction motor Demonstration of how a 3 phase rotating magnetic field is produced and how to reverse it Explanation of synchronous and asynchronous speed and slip Effect of the number of poles on motor speed Frame sizes Practical identification of various motors. Day 3 of the Industrial Electrical Maintenance Part 1 consists of: Principles of 3 phase induction motor control systems Overload protection principles of operation and use Design and operation of a DOL (direct on line) starter Construction of a DOL starter Inspection and testing procedure for the above starter Motor testing procedures. Day 4 of the Industrial Electrical Maintenance Part 1 consists of: DOL starter modifications Importance of updating documentation Design, construction and verification of reversing starter control and power circuits. Day 5 of the Industrial Electrical Maintenance Part 1 consists of: Star delta starters, principles of operation and uses Design, construction and verification of star delta starter control and power circuits.
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