In the world of conveyancing, maintaining compliance with ever-evolving regulations is crucial, particularly when acting on behalf of corporate clients. Compliance and Anti-Money Laundering (AML) procedures have become increasingly complex in recent years, with regulators placing greater scrutiny on conveyancers to ensure robust systems are in place to prevent financial crime.
For practitioners handling corporate transactions, the stakes are even higher, as these clients often involve intricate ownership structures and international dealings, which present heightened risk factors.
This session will focused on essential compliance and AML procedures for conveyancers dealing with corporate clients, providing critical insights into the latest regulatory requirements and best practices.
Attendees had the opportunity to engage in a live Q&A session with our legal experts Ian Quayle of IQ Legal Training, and Mev Dzihic, Chief Technology Officer of leading AML solution Verify 365, ensuring a practical, hands-on learning experience.
What does this session cover
Designed for practitioners who act on behalf of limited companies corporate clients in conveyancing transactions, the webinar will cover these key topics:
• Best practices for onboarding corporate clients in conveyancing transactions
• Identification and AML challenges associated with corporate clients
• Understanding and addressing identification and AML issues for directors and beneficial owners
• Considerations when acting for overseas entities
• An overview of effectively scoping the retainer
