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AML, CFT & Financial Sanctions
Recent prosecutions prove money launderers actively target solicitors. Learn how to protect your practice.
50
Online / On-demand
1 CPD hour | client care & professional standards | eLearning
About this course
Anti-money laundering compliance remains a critical regulatory obligation for solicitors.
Recent enforcement actions by the Law Society and Department of Justice highlight the serious consequences of inadequate compliance frameworks. The 2024 Law Society Annual Report noted 83 suspicious activity reports arising from audit findings, and three solicitors were referred to the Legal Practitioners Disciplinary Tribunal solely for AML compliance failings.
This one-hour webinar provides solicitors with essential knowledge to meet their obligations under the Criminal Justice (Money Laundering and Terrorist Financing) Acts and EU Regulations.
Led by AnneMarie Whelan BL, a specialist regulatory consultant with extensive experience supporting designated persons across Ireland, the training addresses both legal requirements and practical implementation.
The course fulfils the Law Society's mandatory annual CPD requirement for AML/CFT training.
Why choose this course
Master the practical essentials of AML compliance, from client onboarding to suspicious transaction reports.
Meet your mandatory CPD requirement: Fulfil the Law Society’s annual AML/CFT training obligation with this focused one-hour webinar. Stay compliant with regulatory expectations whilst gaining practical knowledge you can implement immediately.
Learn from recent Irish cases and enforcement actions: Understand exactly what regulators are looking for through real examples from 2024-2025, including Law Society disciplinary referrals, Irish prosecutions, and UK enforcement precedents. See where firms go wrong and how to avoid costly mistakes.
Practical, risk-based guidance for your practice: Move beyond theoretical compliance with clear frameworks for client onboarding, risk assessment, and suspicious activity reporting. Learn which red flags matter most and how to balance regulatory obligations with client service.
Course syllabus
Key learning points
By completing this webinar, you will:
- Understand your obligations under current Irish and EU legislation governing anti-money laundering, countering the financing of terrorism, and financial sanctions.
- Recognise the core risks facing solicitors and why money launderers target legal services.
- Learn from real-life Irish cases involving solicitors, including recent prosecutions and enforcement actions.
- Apply a risk-based approach to client onboarding and customer due diligence.
- Identify when enhanced due diligence is mandatory, including for politically exposed persons and high-risk third countries.
- Conduct effective ongoing monitoring of client relationships and transactions.
- Navigate financial sanctions obligations, including screening requirements and reporting procedures.
- Recognise suspicious activity and understand when to make a suspicious transaction report.
- Avoid “tipping off” offences whilst maintaining professional client relationships.
- Understand enforcement powers of the Law Society, Department of Justice, and Central Bank.
- Implement practical compliance measures appropriate to your firm’s risk profile.
Meet the speaker – AnneMarie Whelan BL
RegSol | Lead Regulatory Consultant & CEO
AnneMarie is Lead Regulatory Consultant and CEO with RegSol. As a former practising Barrister who converted to regulatory compliance in 2014, she has developed expertise in areas of Anti-Money...
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