"Record Keeping for Law Practitioners under AML/CFT Legislation"

CPD (Continuing Professional Development)

Resource Person:
Mr. Kaushik Goburdhun, Head of GOBURDHUN CHAMBERS

Course description:  The Mutual Evaluation Report on Anti-Money Laundering and Counter Terrorist financing measures  (July 2018) of the Eastern and Southern African Anti-Money Laundering Group, has been critical of the infrastructure in supervising and monitoring AML/Terrorist Financing Risks with respect to Designated Non-Financial Businesses and Professions. The 2 hours presentation reviews some of the key and relevant findings of the ESSAMLG Report (Eastern and Southern African Anti-Money Laundering Group Report), considers the FIU (Financial Intelligence Unit) Guidelines on the measures for the Prevention of Money Laundering and Countering the Financing of Terrorism for law practitioners, compares the work undertaken by the UK Solicitors Authority and draws guidance from the provision set by the Ethics Committee of the UK General Council of the Bar, on Money Laundering and Terrorist Financing.

Target Audience: All three branches of the legal profession


Experience Level:
Law Practitioners & Legal Officers