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Book before 15th January 2010


one-day conference to claim your 20% early bird discount
23 February 2010, London
Managing Partner Events presents the 6th To claim your CPD hours for the conference, please quote ANS/ARCO

Anti-money laundering compliance


for law firms
Keeping abreast of developments and addressing the practicalities of compliance

Expert contributions: A one-day event designed to help you:


» 23 Essex Street » Keep abreast of HM Treasury’s Review of the Money Laundering Regulations
» Review the Law Society’s updated anti-money laundering practice note
» Berwin Leighton Paisner LLP » Understand privilege and how privilege applies in the context of reporting
» Manage the practicalities of CDD and ongoing monitoring or compliance
» Bird & Bird LLP » Address the issues with beneficial ownership and reliance
» Hear real life practical scenarios with applying the risk-based approach
» Byrne & Partners » Prepare SARs more efficiently and effectively
» Hear the latest money laundering case law
» Denton Wilde Sapte LLP
» Audit and document compliance within the AML regulations

» HM Treasury Delegate comments from previous years' events:


» Kingsley Napley LLP “A really good event and the best of all recent conferences on this topic.”
“Excellent. Good, frank debates.”
» Legal Risk LLP
“A very good opportunity to hear about other firms’ policies, and problems and to
» Olswang LLP discuss items of mutual interest.”
“I found the chance to hear what larger firms are actually doing ‘on the ground’ very
» SOCA instructive for the MLRO of a slightly smaller firm.”
“Thank you to all involved in making the event happen. Excellent all round.”
» Taylor Wessing LLP
“Highly useful, a wealth of useful information and guidance. A great opportunity to
speak to others and make comparisons and an excellent forum for networking with
AML counterparts.”

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Researched by: 5 easy ways to register


tel: 020 7549 2500 e-mail: events@ark-group.com
fax: 020 7324 2373 web: www.ark-group.com
or see back page for mailing details
Anti-money laundering compliance for law firms
Keeping abreast of developments and addressing the practicalities of compliance

WHY THIS EVENT?


Compliance with money laundering obligations remains a high priority for law firms. The possibility of being used to
assist with money laundering poses many risks for firms, including criminal and disciplinary sanctions for firms and
individual solicitors and civil action against the firm and individual partners.

Now that the Law Society’s updated anti-money laundering practice note has received formal approval from HM
treasury, the SRA and the courts will now need to have regard to the practice note when considering whether a
solicitor's conduct was reasonable in relation to allegations of money laundering, failing to report suspected money
laundering, and failure to comply with the requirements of the Money Laundering Regulations 2007.

• Are you therefore satisfied that your firm is complying with its statutory obligations?

• Are you aware of the latest developments in this field?

• Do you realise how serious the implications are if your current systems are inadequate?

Managing Partner’s Anti-money laundering compliance for law firms conference will not only address the key
issues and challenges law firm MLROs, risk and compliance professionals face but it will also keep you abreast of
the developments within this field.

HIGHLIGHTS INCLUDE:
» HM Treasury’s Review of the Money Laundering Regulations 2007 including a summary of the Call for
Evidence responses and The Government’s proposed response to the evidence received and potential
changes
» The Law Society’s updated anti-money laundering practice note with a particular focus on the area of privilege
» An extended and interactive panel discussion on the practicalities of implementing the Money Laundering
Regulations with particular attention being paid to ongoing monitoring or compliance, beneficial ownership
and reliance

With speakers from HM Treasury, The Law Society’s Money Laundering Task Force, Barristers’ Chambers and a
range of leading firms, this event will provide you with the latest anti-money laundering policies, procedures and best
practice to safeguard you and your firm.

ADVISORY BOARD

This event has been validated and researched with a broad range of money laundering reporting officers, risk and
compliance professionals from across the legal profession. We are grateful for the ideas they have provided us with
for the speakers and the programme content. In particular our special thanks go to the following for their invaluable
input:
Christopher Vigrass, Partner and Director of Risk Management, ASHURST LLP
Clive Cutbill, Consultant & MLRO, WITHERS LLP
Suzie Ogilvie, Head of Anti-Money Laundering Compliance, FRESHFIELDS BRUCKHAUS DERINGER LLP
Juliet Tainui, Director of Risk, ADDLESHAW GODDARD LLP
Tom Arrowsmith, Head of Risk Management & Compliance, OLSWANG LLP

tel: 020 7549 2500 fax: 020 7324 2373 e-mail: eve
AGENDA: Tuesday, 23 February 2010
» Managing the costs, time constraints and lack of data with beneficial
09:00 Registration and refreshments
ownership; examples of practical scenarios
» Does reliance work? How many firms allow for reliance or rely on other
09:30 CHAIR'S OPENING REMARKS firms?
Sue Mawdsley, Partner, Legal Risk LLP » Obtaining independent verification, particularly concerning
» certain types of corporate entities
09:40 HM Treasury’s Review of the Money Laundering Regulations 2007 » Assessing proportionality and effectiveness with the Money Laundering
Regulations
» A summary of the received responses to the Call for Evidence on
» An opportunity to discuss any new issues, reviews or guidance
how the regulations are designed and how they work in practice in
terms of effectiveness, proportionality and engagement Tom Arrowsmith, Head of Risk Management & Compliance,
Olswang LLP
» The Government’s proposed response to the evidence received
Amasis Saba, Compliance Manager, Berwin Leighton Paisner LLP
» Potential proposed significant changes
Martin Baker, Risk Management & MLRO Partner, Taylor Wessing LLP
» Next steps regarding a further consultative process during 2010
Keith Davis, Policy Adviser, Money Laundering, Financial Crime GROUP DISCUSSIONS
Team, HM Treasury
14:50 Adopting a risk-based approach to compliance
This informal and interactive session will enable delegates to discuss
10:20 The Law Society’s updated practice note on anti-money the issues in small groups
laundering
» Real life practical scenarios of applying the risk-based approach and
» A brief refresher on The Law Society’s anti-money laundering determining what is an acceptable risk
practice note and updated amendments » Optimising the effort in adopting a risk-based approach to ML
» When does advice become a transaction? » Refocusing the risks that lie behind proceeds of crime involved in
» How does privilege apply in the context of reporting? transactions
» What are privileged circumstances? » Civil liability, reputational risk and the ethical dimension
Charles Proctor, Partner & MLRO, Bird & Bird LLP » Enhanced, simplified due diligence and the risk-based approach
Amasis Saba, Compliance Manager, Berwin Leighton Paisner LLP
11:00 Morning coffee break Martin Baker, Risk Management & MLRO Partner, Taylor Wessing LLP

15.30 Afternoon coffee break


11:30 An update on underlying crimes such as fraud, corruption and tax
evasion that impact on money laundering
16.00 Handling suspicious activity reports
» An update on fraud, corruption and tax evasion law
» What new types of suspicious activity and crimes are there and » Real life examples where firms have had to make SARs
where are they taking place? » Dealing with issues such as privilege, anonymity and exposure to
» The interaction between the Proceeds of Crime Act and fraud, client confidentiality breaches
corruption and tax evasion law » How can firms prepare SARs more efficiently and effectively?
Michael Potts, Partner, Byrne & Partners » What does SOCA want from a SAR? How can firms interact better
with SOCA?
» What benefits have SARs produced for the legal profession?
12.10 Money laundering recent case law update
Stephen Gentle, Partner, Kingsley Napley LLP
» An overview of recent case law on money laundering
Paul Evans, Director, Intervention, SOCA
» What changes have occurred?
» What are the things to watch out for?
Jonathan Fisher QC, Barrister, 23 Essex Street 16.40 Documenting and auditing compliance activities
» Is there a need to document and audit your firm’s compliance
activities? If so, what’s the best approach?
12.50 Networking lunch break
» The practicalities of conducting an audit in terms of resources etc.
» Determining what to focus on to document how your firm is doing,
PANEL DISCUSSION: what problems you’ve hit and where the risks lie
13.50 Practical issues around the implementation of the Money Andrew Cheung, Director of Compliance, Denton Wilde Sapte
Laundering Regulations LLP
Please note, this panel has been extended to allow additional time for
any new issues that may arise in the lead up to the event
17.20 CHAIR'S CLOSING REMARKS
» Managing the practicalities of CDD and ongoing monitoring or
compliance
17.30 Close of conference
» What’s expected of the partners and fee earners in terms of ongoing
monitoring?
» When must CDD be obtained and are firms adhering to the new
provision on timing?

ents@ark-group.com web: www.ark-group.com


ways to register
Anti-money laundering compliance One-day event 1. Tel: +44 (0)20 7549 2500
for law firms 23 February 2010, London 2. E-mail: events@ark-group.com
Keeping abreast of developments and addressing
the practicalities of compliance
Booking ref: 1017-10 3. Web: www.ark-group.com
4. Fax: +44 (0)20 7324 2373
DELEGATE DETAILS 5. Post to: Marketing Department,
The Ark Group, Paulton House,
Title {Mr, Ms, Mrs} First Name 8 Shepherdess Walk, London,
N1 7LB, UK
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conference
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your 20% early bird discount*
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E-mail +44 (0)20 7324 2309 or e-mail:
pconnelly@ark-group.com
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made payable to Ark Conferences Ltd
For more information please contact
Please invoice me Sterling Euro
Anton Ersare on +44 (0)20 7549 8694 or
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booking conditions
1. Bookings can be submitted at any stage prior to the event, subject to availability. A limited allocation is being held and booking early is therefore recom-
mended. In the event of the booking not being accepted by Ark Group the total amount will be refunded.
2. Payment must be received in full prior to the course.
Exhibition & sponsorship
3. All speakers are correct at the time of printing, but are subject to variation without notice.
4. If the delegate cancels after the booking has been accepted, the delegate will be liable to the following cancellation charges:
opportunities
• Cancellations notified over 45 days prior to the event will not incur a cancellation fee.
• In the event of a cancellation being between 45 and 30 days prior to the event, a 20% cancellation fee will be charged.
Are you interested in sponsoring or
• For cancellations received less than 30 days prior to the event, the full delegate rate must be paid and no refunds will be available. exhibiting at this event?
5. All bookings submitted by e-mail, fax, post or over the telephone are subject to these booking conditions.
6. All cancellations must be received in writing.
For more information please contact
7. Ark Group will not be held liable for circumstances beyond their control which lead to the cancellation or variation of the programme. Dipa Patel on +44 (0)20 7549 2554
8. All bookings, whether UK or overseas will be charged UK VAT
9. The prices quoted in Euros are the correct conversion rate at the time of print
or e-mail: dipapatel@ark-group.com
10. *This offer cannot be used in conjunction with any other Ark Group promotion or offer.
11. Ark Group reserves the right to reject any booking at any time prior to the event, without explanation.
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PLEASE NOTE Joyce Harmon on +44 (0)20 75668 204
Ark Group cannot be responsible for assisting potential delegates in obtaining visas to the country in which this event is being held. Delegates are responsible
for their own travel, accommodation and visa requirements. or e-mail: jharmon@ark-group.com