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Anti-money laundering: independent legal professionals

Question

I am a solicitor employed by a local authority. Am I an ‘independent legal professional’ as defined by the Money Laundering Regulations 2007?

Answer

No. An 'independent legal professional' includes a solicitor working in a firm or a sole practitioner who by way of business provides legal or notarial services to other persons. It does not include solicitors employed by a public authority or working in-house. (For further information see the Law Society's practice note on Anti-money laundering.

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Disclaimer

While every effort has been made to ensure the accuracy of the information provided by the Practice Advice Service, it does not constitute legal advice and cannot be relied upon as such. The Law Society does not accept any responsibility for liabilities arising as a result of reliance upon the information given.

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