Money laundering doesn’t have to be painful

Print This Post

1 April 2016


Ongoing money laundering training is a real drag for solicitors. Regulation 21 of the Money Laundering Regulations 2007 requires that law firms “regularly provide training” on the topic.

Most firms comply with refresher training every 12-18 months that merely rehash the legislation and CDD procedures. This has led many solicitors to have a jaded attitude towards the training and they don’t take it seriously… until now.

Introducing AML 360

Big picture money laundering training

vinciworks

 

 

 

 

 

 

 

 

 

 

Today VinciWorks released AML 360 — the perfect refresher course for users that claim to know it all. Instead of rehashing the legislation and CDD procedures, the course goes beyond the basics by engaging learners with the hot topics of the day.

The interactivity and rapid pace of the course creates an immersive experience in which users take an active role in the material rather than passively consuming information.

AML 360° is geared towards lawyers or support staff who have already undertaken money laundering training and understand the subject matter.

It delves into more detail and explores emerging areas such as bitcoin and the Fourth Money Laundering Directive.

The course covers eight subjects in less than 20 minutes with the following fast-paced modules:

  • Bitcoin: The dangers of virtual currency
  • How do criminals abuse law firms?
  • EU Fourth Directive: What’s new?
  • Red flags of money laundering
  • CDD: When to do it and what to do
  • Hollywood explains money laundering
  • Is your practice area at risk?
  • Source of wealth and funds

Demo the course

 

 



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

Is your marketing budget actually delivering a return?

Qamar Anwar 2

“Half the money I spend on advertising is wasted: the trouble is I don’t know which half.” Marketing pioneer John Wanamaker may have been forgiven for his lack of insight into his advertising budget back in the late 19th century, but what of today’s marketers? Surely in today’s data-driven age, accessing and utilising marketing budget data is commonplace? But in a world where there is a plentiful supply of data and information to aid marketing planning and decision making, it was quite shocking to see in new research that so many firms are investing in marketing activities that they openly admit are neither important nor effective.

October 19th, 2017