What’s the latest in AML compliance and what does the legal sector affinity group guidance say about it?

VinciWorks

In July 2021, HM Treasury launched a new AML consultation entitled ‘Amendments to the Money Laundering Terrorist Financing and Transfer of Funds Regulations 2017 (MLRs)’. The planned updates, most of which are coming into force on 1 September, are required to ensure that the UK continues to meet international AML standards, whilst also clarifying how the UK’s anti-money laundering and counter-terrorist financing (AML/CTF) regime works. UK law firms continue to be at the forefront of the fight against money laundering and terrorist financing. In this episode, Lindsay Taylor from Compliance Office and Nick Henderson from VinciWorks will give a thorough overview of the latest in AML compliance and what’s changing.