Source of Wealth Enquiries - Your Duties & Obligations Explained

Introduction

Whilst the money laundering regulations omit any mention of source of wealth enquiries, the LSAG guidance note now requires that we enquire about the origins all our clients’ family wealth.

This new virtual classroom seminar will ensure that no questions are left unanswered and that you are clear on your duties and obligations in respect of source of wealth and funds enquiries.

What You Will Learn

This live and interactive session will cover the following:

• How do we enquire about somebody’s fortune?
• What evidence do we need?
• How far back do we have to go?
• Can my e-search provider help me here?
• What of open banking?
• How can I do it quickly and easily?

Quick Quiz - Test Your Knowledge: Money Laundering

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.