Systems & controls

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Precedents
1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...
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9th Nov
Practice notes
Source of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March...
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9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
Precedents
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...
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9th Nov
Precedents
How to use this testThese questions are designed to test your understanding after your attendance at our training on avoiding bribery and...
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9th Nov
Practice notes
The compliance officer for legal practice (COLP) sits at the heart of the firm's regulatory arrangements. This does not mean that the firm and its...
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9th Nov

Most recent Systems & controls content

Practice notes
This Practice Note explains the regulatory requirement to implement systems and controls to mitigate and manage effectively the risks of money...
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12th Apr
Practice notes
This Practice Note reflects draft Legal Sector Affinity Group (LSAG) AML guidance, published on 20 January 2021. It awaits HM Treasury approval. Note...
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6th Apr
Practice notes
This Practice Note provides examples of good practice in relation to the prevention of money laundering and financing of terrorism. The information in...
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6th Apr
Q&As
This Q&A reflects draft Legal Sector Affinity Group (LSAG) AML guidance, published on 20 January 2021. It awaits HM Treasury approval. Note that any...
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22nd Mar
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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18th Mar
Precedents
1Large payments made in cash may be a sign of money laundering or terrorist financing.2You must not accept any funds (cash or otherwise) from a...
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12th Mar
Q&As
Practice Note: Money Laundering Regulations 2017—record keeping—law firms explains that you must keep your own client due diligence (CDD) records for...
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11th Mar
Precedents
You should ask staff to sign a declaration confirming they have read, received and understood your AML and counter-terrorist financing policy and, if...
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10th Mar
Precedents
Money laundering is the process through which the true origin and ownership of the proceeds of crime are changed so that the proceeds appear...
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10th Mar
Precedents
1. Money laundering incident management teamYou need to be able to show you’ve taken a genuinely proactive approach, so get the right people involved...
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9th Mar
Practice notes
This Practice Note reflects draft Legal Sector Affinity Group (LSAG) AML guidance, published on 20 January 2021. It awaits HM Treasury approval. Note...
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5th Mar
Practice notes
This Practice Note reflects draft Legal Sector Affinity Group (LSAG) AML guidance, published on 20 January 2021. It awaits HM Treasury approval. Note...
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4th Mar
Precedents
This Precedent Register of AML and CTF policies, plans and procedures can be used to help you comply with Regulation 19(1) of the Money Laundering,...
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2nd Mar
Practice notes
This Practice Note reflects draft Legal Sector Affinity Group (LSAG) AML guidance, published on 20 January 2021. It awaits HM Treasury approval. Note...
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26th Feb
Practice notes
This document reflects draft Legal Sector Affinity Group (LSAG) AML guidance, published on 20 January 2021. It awaits HM Treasury approval. Note that...
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26th Feb
Practice notes
While the application form and interview process will give you some assurances as to a candidate's suitability for a vacant position, some additional...
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24th Feb
Practice notes
This short Practice Note sets out some examples of potentially challenging money laundering situations that can arise during the usual course of...
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1st Feb
Precedents
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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28th Jan
Precedents
STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published on 20 January 2021. It awaits approval by HM Treasury and any content...
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28th Jan

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