The SRA regularly visit law firms to monitor their compliance with AML regulations. There are number of reasons they may do this, whether it’s a proactive visit as part of their rolling programme, an onsite investigation where they have received a report about a firm, or a need to come to your firm’s office as part of their thematic work, where they have an additional focus on particular aspects of a firm’s AML activities.
In this session, we will be covering the following areas to put you ahead of the game should you receive notice that your firm will receive a visit:
- An overview of obligations for your firm, your officers and your staff
- What documents you will be expected to disclose
- Who will they want to speak to and what are they likely to ask?
- How to be proactive in this area and reduce stress should your firm be selected
