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.
A summary of a recent decision from the Solicitors Disciplinary Tribunal, which involved breaches of anti-money laundering requirements.
Our regular roundup of those hitting the headlines for money laundering in the last few months.
A summary of a recent policy developments relevant to anti-money laundering.
AML supervisors have warned that a new report published by the Home Office and HM Treasury on money laundering and terrorist financing is misleading.
Our summary of recent decisions from the Solicitors Disciplinary Tribunal involving breaches of anti-money laundering requirements.
The government has announced it has delayed the implementation of the people with significant control register.
A round up of money laundering in the local and national news
Anti-money laundering policy adviser Scott Devine goes through the latest policy developments.
Nick Milner from the Law Society's Practice Advice Service sets out some commonly-raised AML queries.
AML policy adviser Scott Devine provides an update and analysis on developments in the UK and abroad.
Diamond fraud, fake viagra and carbon credit trading make this roundup of launderers in the news.
The disciplinary digest covers Solicitors Disciplinary Tribunal cases where AML compliance failings or involvement in mortgage fraud have been identified and contribute to the sanction imposed.
The text of the 4th Money Laundering Directive was agreed in trilogue negotations between the EU Commission, parliament and presidency on 16 December, and approved by the European Council on 10 February.
The Supreme Court of Canana has struck down parts of Canada's federal anti-terror, anti-money laundering law that permit the authorities to search and seize files from lawyers' offices without a warrant.
Our round-up of money laundering convictions from the last few months.
Our response to the recent Home Office call for information in respect of the current suspicious activity reporting (SARs) regime.
AML Policy Adviser Scott Devine provides an update and analysis on developments in the UK and abroad.
Here is a selection of typical questions and answers on the sometimes terrifying topic of tipping off compiled by the Practice Advice Service at the Law Society.
The appeal concerned two separate cases that both raised similar confiscation issues under POCA.
The government's current review is your opportunity to help shape the future of the suspicious activity reporting regime.
Serious organised crime poses a real threat to law firms. We are working with the Home Office to raise awareness of the issues, and we want your views.
Latest cases from the Solicitors Disciplinary Tribunal
A new offence of participation in organised crime groups' criminal activities aims to tackle those who currently benefit from criminality with little risk of being prosecuted.
The International Bar Association, the Council of Bars and Law Societies of Europe and the American Bar Association have jointly issued a new guidance report on anti-money laundering.
Recent cases of money laundering in the local press.
The Home Office, Law Society and SRA are working together to raise awareness of the threat to solicitors from serious and organised crime. This survey seeks your views on this important issue.
This summer domestic matters have dominated the AML policy landscape as the Brussels summer recess put paid to any further progress of note on the fourth EU Money Laundering Directive (4MLD).
From 1 October 2014, the NCA will reject consent requests that do not include reasons for suspicion or a statement regarding criminal property.
These guidelines provide solicitors with advice on how to complete a National Crime Agency (NCA) consent request.
Summary of R v Bradley David Rogers and others  EWCA Crim 1680
Following recent news reports into misleading debt collection practices, the Law Society has asked the Metropolitan Police to investigate Wonga.
The Serious Crime Bill 2014-15 was introduced by the government in the House of Lords on 5 June 2014.
Builders, postmen and cash hidden alongside Cornish pasties feature in this month's cases of launderers in the news.
AML policy officer Scott Devine provides an update on the EU Fourth Money Laundering Directive.
Helen Quinn from the Law Society's Practice Advice Service sets out some commonly-raised AML queries.
Worldwide sanctions lists and other resources identifying high-risk jurisdictions
Satnam Tumani examines the Court of Appeal's decision in Pace & Anor v R.
Internet dating scams and major drug dealing operations dominate this month's launderers in the news
AML Policy Officer Scott Devine provides an update on policy issues of note including the EU Fourth Money Laundering Directive and the outcomes of the recent Financial Action Task Force (FATF) Private Sector Consultative Forum held in Bruss...
The Law Society has successfully lobbied the European parliament to allow financial institutions to continue to apply simplified customer due diligence to firms' pooled client accounts.
Amy Bell, Head of Risk and Compliance at QualitySolicitors, provides advice on what to do when you are dealing with an unrepresented party in a transaction.
Latest from the Solicitors Disciplinary Tribunal
Latest money laundering convictions in the last few months.
Satnam Tumani of Kirkland & Ellis examines the High Court's decision in Fletcher v Leicestershire Constabulary.
Jo Riddick, Macfarlanes LLP’s compliance officer for legal practice and money laundering reporting officer, considers the potential impact of a register for beneficial owners of trusts.
Anti-money laundering policy officer Scott Devine provides a brief insight into the Fourth Directive as the legislative process enters its final stages.
Alison Matthews, former Chair of the Money Laundering Task Force and formerly money laundering reporting officer (MLRO) at Irwin Mitchell LLP considers the challenges of making your first SAR.
HM Treasury has invited firms in the regulated sector to contribute to the UK government's 'National Risk Assessment of money laundering and terrorist financing' exercise (NRA).
Our latest advice and tips for new money laundering reporting officers.
The Practice Advice Service provides a dedicated support line for Law Society members and employees of law firms. Call us on 020 7320 5675.
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.