The guest lecture on Anti-Money Laundering (AML) compliance, is designed to introduce law students navigating the increasingly complex regulatory landscape. This lecture will focus on the critical role that legal professionals play in preventing money laundering and terrorist financing, with a particular emphasis on compliance obligations for designated non-financial businesses and professions (DNFBPs).
As gatekeepers in the financial and legal systems, lawyers and other professionals must not only understand the latest developments in AML laws but also uphold their ethical and professional responsibilities in identifying and mitigating risks. The regulatory environment is constantly evolving, and ensuring compliance requires a deep understanding of due diligence measures, reporting obligations, and risk assessment frameworks.
This introductory lecture will explore key aspects of AML compliance, the challenges faced by legal practitioners in balancing confidentiality with regulatory duties, and practical strategies for managing AML risks. By the end of this session, participants will have gained valuable insights into the intersection of law and financial crime prevention, equipping them with the tools necessary to navigate an increasingly stringent compliance landscape.
Bio:
Prosper Simbarashe Maguchu is a mid-career researcher and lecturer with extensive experience in civil society and higher education. Since 2019, he has taught at Vrije Universiteit Amsterdam, Amsterdam University College, and as an Adjunct Professor at the University of the Seychelles, Universitas Hasanuddin (Indonesia), and the Institute for Legal Practice and Development (Rwanda). In addition to his academic work, Dr. Maguchu is an international advocate specializing in financial crimes litigation. At VU Amsterdam, he coordinates the International Human Rights Law Clinic, assisting litigants before African sub-regional courts on issues such as anti-money laundering and counter-terrorism financing regulations, as well as odious debt challenges. He is a recognized expert on corruption and human rights, serving as a subject matter expert for the African Union and advising the UN Special Rapporteur on reparations, sanctions, and transitional justice.
Prior registration is required for this in-person event: https://bit.ly/4bPB2x0
For Inquiries, please contact Max Hsu at .[CCPL Guest Lecture] Introduction to Anti-Money Laundering Law & Compliance for Legal Professionals