The Conveyancing Association (CA) is to hold a webinar for member firms focused on client and matter risk assessments, scheduled for September.
The session will take place on 11 September at 10am and is entitled, ‘Client and Matter Risk Assessments: What You Need to Do to Ensure Compliance,’ hosted by industry specialist, Norman Denton, senior compliance & regulatory specialist at CA affiliate members, legal sector risk and compliance specialists, Legal Eye.
In October 2023, the SRA issued a Warning Notice to firms, stating: ‘We continue to see a persistent level of non-compliant client/matter risk assessments, and this remains an area where improvement is necessary. Undertaking effective client/matter risk assessments is a key step in preventing money laundering as it should inform the correct level of client due diligence to apply, as well as ongoing monitoring.’
During this webinar, Denton will explore:
- How client and matter risk assessments should be approached.
- How firms demonstrate ongoing assessments.
- Source of funds and wealth.
- Good and poor practices in evidence.
Nicky Heathcote, non-executive chair at the Conveyancing Association, said: “We are pleased to be announcing the next in our series of online webinars, in conjunction with our affiliate members, this time Legal Eye.
“These sessions are part of our ongoing commitment to provide valuable training and support to our member firms. Effective risk management is vital for compliance and client protection, and this session is designed to help firms enhance their practices in these areas. We encourage all members to register early to secure their spot.”
Individuals can sign up for this webinar at: https://www.conveyancingassociation.org.uk/event/client-and-matter-risk-assessments-what-you-need-to-do-to-ensure-compliance/
