Are you aware of the risks related to remote working and how to mitigate them? Are you protecting yourself from the variety of fraud threats that conveyancers face? Are you confident in dealing with both lender and lay clients?
By completing this course you’ll be up to date with best practice in assessing and managing residential conveyancing risk, and effective client handling.
In easy-to-understand 30-minute modules, you’ll cover everything you need to support your CQS re-accreditation.
By taking this course, conveyancers should have a greater understanding of:
mitigating and managing risk on conveyancing files
managing client expectations
delivering an appropriate level of service to a client
engaging effectively with a lender client
identifying property and mortgage fraud warning signs
mitigating the risk of fraud
mitigating risks related to remote working
the importance of creating an audit trail for source of funds
Module 1: Understanding and Mitigating Risk (30 min)
This module looks at the assessment and management of risk on a file from the perspective of a conveyancer, in addition to the firm’s assessment and management of risk arising from providing residential conveyancing services, and how conveyancers can support this.
This module supports conveyancers in their duty to ensure their services are not used to further a criminal purpose by covering regulatory requirements, lender expectations, essential case law and best practice guidance for mitigating the risks of conveyancing fraud.
This module looks at some of the key risks related to remote working, and how to manage and mitigate those risks. It also covers the importance of creating an audit trail for source of funds, which is an essential aspect of your AML procedures.
The assessment consists of 20 multiple choice questions. In order to pass the assessment you must achieve a mark of 80%. The assessment can only be taken a maximum of three times before the course must be taken again.