Law firms must carry out risk assessments as part of their anti-money laundering (AML) obligations. Join us to discover ten practical steps for carrying out effective AML risk assessments that will help you remain compliant.

Risk assessments play an essential role in AML compliance, helping firms identify and manage financial crime risks and protect against reputational damage. Legal professionals must follow specific regulatory requirements when carrying out firm-wide, client and matter risk assessments.

This quickfire session will cover the key information you need to know around your legal and regulatory obligations – including the most recent guidance.

With practical solutions to help you stay compliant, we’ll be exploring:

  • key AML risk factors for law firms
  • how to apply enhanced due diligence
  • how to record, review and update assessments
  • where the responsibility for undertaking risk assessments sits in a firm
  • best practice for meeting regulatory expectations

Learning objectives

SRA Competencies A1

  • Understand how to stay compliant when managing firm-wide, and client and matter risk assessments
  • Discover how you might be inadvertently breaching current rules and regulations
  • Learn which areas to focus on when managing risk assessments
  • Stay up to date with the latest guidance and regulations
  • Learn how to avoid common mistakes

Who should attend?

  • Practice managers and law firm partners
  • Directors of risk
  • COLPs
  • MLROs
  • Legal professionals responsible for managing firm-wide risk assessment and/or client and matter risk assessments
  • Aspiring or junior law firm leaders
  • Aspiring or junior risk and compliance professionals

Speakers

Chair: Julie Norris, Partner, Kingsley Napley

Michelle Clement, AML Consultant and Auditor

Richard Simmons, Founder and Director, AMLCC

Sarah Mumford, Experienced risk lawyer, consultant and AML auditor

Register now to secure your place

After you have registered, you will receive a confirmation e-mail and diary invite to confirm your place.

Registration for this event will close at 11.59pm on 23 March 2026.