AML Training: Did you know that Lexcel requires firms to review policies and training EACH year?
The Legal Sector Affinity Group Anti-Money Laundering Guidance 2021 states that all employees and agents should receive training at regular and appropriate internals both to update on new developments and to refresh existing knowledge. Certainly all new employees should receive AML Training. Certainly where there has been a change in the regulations. The 5th AML Directive came into force in January 2021.
Have your staff been trained since then?
Have you reviewed & updated your policies & procedures since then?
If the answer is 'No' to any of the above the you might want to have a chat.
Our AML expert can assist with a review of your current AML policies & procedures, training and also the provision of an Independent AML Audit.