2025 has brought a wave of important Anti-Money Laundering (AML) developments, requiring firms to revisit their Firm-Wide Risk Assessments and update AML policies and procedures. This session, led by Tracy Thompson, will provide a concise yet practical overview of the past year and prepare firms for what lies ahead in 2026.
Key areas covered include:
- Revised LSAG Guidance (April 2025): Practical updates and implications for day-to-day compliance.
- National Risk Assessment (July 2025): Insights from the Treasury’s findings and consultation on the Money Laundering Regulations.
- SRA Sectoral Risk Assessment (July 2025): How the regulator’s updated view affects your firm’s risk profile.
- SRA Compliance Conference Highlights (October 2025): Key compliance priorities emerging from the SRA’s annual Compliance Conference.
- SRA Thematic Visit Findings: Unpublished but critical regulator expectations, including:
- Robust Source of Funds/Source of Wealth checks.
- Strengthened AML training requirements.
- Effective Regulation 21 Independent Audit processes.
- The move to FCA regulation. How compliance obligations may change following the removal of SRA AML supervision.
By the end of the session, delegates will leave with clarity on the latest AML obligations, a forward look at 2026, and practical action points to maintain compliance with both regulatory standards and quality frameworks such as Lexcel and CQS.
Can’t make the date/time or need to revisit the training? No problem, booking onto any online or hybrid event means you will receive a link to access a recording of the event at your leisure!
*Multi Delegate Discount Offer for Members* Pay member rate for 1st delegate, then £55 for 2nd & only £30 for all other delegates (+vat)
Booking total will show full price but invoice will be discounted. Multi delegate discounts cannot be used in conjunction with the Training Passport