SRA AML Training Thematic Review - Adopting the ‘ROLE’ Framework

Introduction

Despite the MLR 2017 and LSAG guidance emphasising the need to ensure all relevant employees receive regular AML training, the SRA continue to find that some law firms are not adequately training their staff and/or that the training records kept are insufficient. They are levying hefty fines as a result.

In 2024, the SRA conducted a thematic review regarding AML training. Released in October 2024, the subsequent report makes for interesting reading.

This short webinar will look at how the SRA conducted the review and what their findings were in relation to good and poor practices.

Ideal for MLROs, MLCOs and their deputies, compliance and learning development professionals, this webinar will also explore the SRA’s new ROLE (Relatable, Ongoing, Leadership, and Engaging) framework, which firms are being encouraged to adopt to make AML training more effective.

What You Will Learn

This webinar will cover the following:

• The methodology used to undertake this review
• The findings of the review, including good and poor practices
• The views of training providers and what they are seeing
• How to put together an effective AML training programme using the ‘ROLE’ method the SRA have introduced:
• R - Relatable
• O - Ongoing
• L - Leadership
• E - Engaging
• Additional training required for the MLRO/MLCO
• AML training in connection with continuing competence

This pre-recorded webinar will be available to view from Thursday 17th April 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.

Quick Quiz - Test Your Knowledge: Money Laundering