Emma Baddaley & Ben Furlong host this brand new webinar looking at the challenges private client practitioners face when dealing with beneficiaries, particularly with regards to ID, AML and Insolvency checking.
Recognising the pressing issues of potential probate fraudsters and bankrupt beneficiaries, we will look at the importance of verifying the identity of estate beneficiaries and confirming their solvency status prior to distributing estate funds.
Learn what effective processes you can put in place to ensure compliance and risk mitigation in a world of growing uncertainty. We will also explain how we nearly got caught out and how you can avoid making the same mistake.
This webinar covers:
- The importance of KYC
- Your obligations and maintaining compliance
- The Law Society – bankrupt beneficiaries
- Don’t get caught out! – A case study
- ID and Insolvency Checking Services
This webinar was recorded on Thursday 28th March 2024.