Hear from legal experts in this live online course about due diligence in practice, and earn three CPD units. 

Topics include: 

Risk management systems around disclosure – Nick Satouris, Professional Support Solicitor, Law Society of NSW 

By the end of this session, you will: 

• Be familiar with costs disclosure obligations. 
• Understand how to establish optimal billing practices. 
• Be able to establish a costs practice with appropriate costs precedents. 

Disclosure issues – Paul Monaghan, Senior Ethics Solicitor, Law Society of NSW 

This session will review recent issues in ethics, focusing on: 

• Avoiding misleading statements. 
• Managing client expectation. 
• Understanding your confidentiality obligations. 

Overview of requirements under the amended AML regime for designated service providers – Carol Prasad, Professional Support Solicitor, Legal Regulation, Law Society of NSW 

This session will provide an overview of the requirements under the amended Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation that will apply to Tranche 2 entities such as lawyers.  

Participants in this course can expect to:  

• Learn about the Australian AML/CTF regulatory framework and the potential harm that can be caused by money laundering and terrorism financing.  
• Gain an understanding of the obligations under the AML/CTF legislation applicable to lawyers who provide designated services, including customer due diligence, the AML/CTF program, risk assessment, reporting, record keeping and enrolment. 
• Learn how lawyers can start to prepare.