The risks to conveyancers from unwitting involvement in mortgage fraud transactions include liability for lenders' claims and Land Registry losses, professional censure by the SRA under the Code of Conduct, and even criminal proceedings under the Fraud Act 2006 and the Proceeds of Crime Act 2002.
This highly practical course weaves together the various strands of statutory and regulatory risk in property work, and provides insights to the strategies that all firms need to adopt in order to achieve effective risk management in their firms on these issues.
Mortgage fraud is one of format of criminal conduct, and thus one of the forms of money laundering that firms are most likely to encounter. The special considerations for conveyancers in this regard are also covered.
This course therefore counts as update training as required by the Money Laundering Regulations 2007.
CLT Member Fee £120.00
Non Member Fee £240.00
Matthew Moore is a solicitor specialising in regulatory issues and a leading practice management and compliance adviser. Matthew is a director of Web4Law Ltd and is also a consultant with the regulatory specialists Jayne Willetts & Co. His titles include Money Laundering Compliance for Law Firms (Ark, with Diane Price) and Money Laundering and Mortgage Fraud Compliance for Conveyancers (Ark).
