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(LSAG) guidance – all change!

Date & Time

3rd June 2025 | Live Webinar | 12pm-1pm

Cost

£30 + VAT (£36) members £40 + VAT (£48) non members

Description

The NEW Legal Sector Affinity Group (LSAG) guidance – all change!

Hot off the press! The new updated Legal Sector Affinity Group (LSAG) guidance was released on the 23 April 2025. This important piece of guidance for the legal sector has been updated and amended and you will need to update your documentation to reflect those changes.

As the guidance is 228 pages long it can take some time to read but, in this one hour session, you will be given the key points of the LSAG guidance together with all the changes made

This one hour session for the MLRO, deputy MLRO, MLCO, compliance team, fee earners will look at:

  – Introduction – the LSAG guidance

  • Key sections of the guidance:
    • AML governance
    • Policies, controls and procedures
    • Risk assessments
    • Client due diligence
    • And much more
  • Key changes in this new version:
    • Economic Crime Levy
    • Supply chain risk
    • High risk third countries
    • CDD documentation
    • Beneficial owners
    • Register of Overseas entities
    • Changes brought by the ECCTA
    • New guidance for PEPs and discrepancy reporting
  • What to do next!

To book email Alice.wylie@sussex-law.co.uk