Compliance with money laundering obligations is one of the greatest challenges for solicitors in the UK today. The Law Society is committed to assisting solicitors to meet those obligations and provide a robust defence against money launderers attempting to abuse our professional services.
The Money Laundering Regulations 2012 came into force on 1 October. Solicitors should note the changes to the reliance provisions in Regulation 17.The AML practice note has been updated to reflect new legislation. Minor changes have been made to paragraphs 4.3.4 and paragraphs 4.11.
Our latest advice and tips for new money laundering reporting officers. More advice and support for MLROs is available on our e-forum. Please email firstname.lastname@example.org for details of how to join.
The types of liability you need to consider when you suspect money laundering.
Subscribe to AML Update and receive bi-monthly AML developments as well as details of anti-money laundering training and events.
The toolkit contains a full range of draft policies, procedures and template forms which legal practices can adapt to their individual circumstances.
Solicitors needing legal advice on anti-money laundering (AML) compliance can access an online directory of solicitors who practise in this area and are willing to be contacted by other solicitors seeking legal advice. AML directory