AML TRAINING FOR LAW FIRMS
IN PARTNERSHIP WITH DENKEN KNOWLEDGE

1. Introduction to AML and Regulatory Context

Anti-money laundering is not simply a compliance requirement. It is an everyday responsibility that protects your firm, your clients and your professional standing. This scenario-led introduction gives people across the firm a practical understanding of AML, why it matters and the role they play in protecting the business.

2. Why Risk Assessments Matter in Legal Practice

Risk assessments sit at the heart of effective AML compliance, but they can easily become a box-ticking exercise. This module helps learners understand how risk assessments should inform real decisions about clients, matters, due diligence and ongoing monitoring.

3. Conducting a Firm-Wide Risk Assessment

Your firm-wide risk assessment should be the foundation of your AML framework – not a document that is reviewed once a year and forgotten. This course gives leaders and compliance teams a practical approach to identifying, documenting and maintaining the risks facing their firm and using the FWRA to inform wider AML controls.

4. Assessing Client Risk Profiles

Client risk assessment cannot sit solely with the compliance team. This module helps fee earners, onboarding teams and supervisors assess client risk consistently, identify what additional checks may be required and recognise circumstances where a relationship should be escalated or declined.

5. Source of Funds and Source of Wealth Verification

Source of Funds and Source of Wealth enquiries can be challenging for both lawyers and clients. Through practical scenarios, learners explore how to make proportionate enquiries, identify when further evidence is required and distinguish straightforward explanations from situations requiring deeper investigation.

6. Matter and Transaction Risk Assessment

A familiar or apparently low-risk client does not automatically mean a low-risk matter. This course explores how the nature of an instruction, transaction structure, jurisdictions involved and movement of funds can change the risk profile of a matter – and what fee earners should do when risk increases.

7. Client Due Diligence Fundamentals

Client due diligence is where AML requirements meet real clients, deadlines and commercial pressures. This practical course helps learners understand when standard CDD is sufficient, when further enquiries are necessary and when a matter needs to be referred to the compliance team.

8. Enhanced Due Diligence for Higher-Risk Clients

When higher-risk factors are present, simply collecting more identification documents is not enough. This module gives learners a structured approach to EDD, including when it is required, what additional information should be obtained and how to demonstrate the reasoning behind the firm’s decision.

9. Recognising and Acting on AML Red Flags

Effective AML compliance relies on people throughout the firm recognising when something does not look right. This course helps learners identify common red flags, consider them in context and understand exactly what action to take when concerns arise.

10. Record-Keeping and Documentation for AML

Good AML files should demonstrate not only what checks were carried out, but why decisions were made. This course shows lawyers, supervisors and support teams how to document AML enquiries, assessments and decisions clearly enough to demonstrate sound judgement if the file is later reviewed.

11. Making a Suspicious Activity Report

Knowing when suspicion has crossed the reporting threshold is one of the most sensitive areas of AML compliance. Using practical legal scenarios, this course helps fee earners, supervisors and MLROs understand internal escalation, the SAR process, interactions with the authorities and the risks associated with tipping off.