Procedures for staff training and awareness
Solicitors are required to provide anti money laundering training to relevant staff in two areas:
- on how to identify a transaction or other activity that may be related to money laundering (or terrorist financing) and
- on how to proceed once such a transaction or activity has been identified.
All employees involved in the day-to-day business of the law centre should be aware of the policies and procedures in place in their law centre to prevent money laundering.