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 Law Society welcomed a report from the SRA describing a positive picture for solicitors' anti-money laundering compliance.
We have responded to the consultation on the action plan for anti-money laundering (AML) and counter-terrorist finance (CFT) legislative proposals.
We have responded to the call for information on the action plan for anti-money laundering (AML) and counter-terrorist finance (CFT) supervisory regime.
Money launderers that made the news June.
The large amount of content in this month's newsletter shows there is a heck of a lot going on in AML and financial crime policy.
The SRA recently published the findings from their thematic review of anti-money laundering (AML) compliance by solicitors.
This year's conference will be held in London on Wednesday 30 November.
The Home Office and HM Treasury have published an action plan for anti-money laundering and counter-terrorist finance.
The Law Society of England and Wales today vowed to continue to play a full part in the fight against organised crime building to help improve Britain’s already rigorous Anti-Money Laundering (AML) regime.
The Law Society today welcomed a report from the SRA confirming that 'the overall picture is positive' for solicitors' anti-money laundering compliance.
The Law Society has issued a joint statement on anti-corruption with professional bodies from the legal and accounting sectors.
A group of professional bodies today pledged to continue their work to tackle bribery and corruption, as world leaders gather in London for a summit.
A summary of a recent policy developments relevant to anti-money laundering.
Our regular roundup of those hitting the headlines for money laundering in the last few months.
A summary of a recent decision from the Solicitors Disciplinary Tribunal, which involved breaches of anti-money laundering requirements.
AML supervisors have warned that a new report published by the Home Office and HM Treasury on money laundering and terrorist financing is misleading.
Anti-money laundering policy adviser Scott Devine goes through the latest policy developments.
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.
Nick Milner from the Law Society's Practice Advice Service sets out some commonly-raised AML queries.
A round up of money laundering in the local and national news
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 appeal concerned two separate cases that both raised similar confiscation issues under POCA.
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.
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.
AML Policy Adviser Scott Devine provides an update and analysis on developments in the UK and abroad.
Our response to the recent Home Office call for information in respect of the current suspicious activity reporting (SARs) regime.
Our round-up of money laundering convictions from the last few months.
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.
This article considers the issues in more detail and aims to provide some clarity for family lawyers in what is still an extremely difficult area of law.
Recent cases of money laundering in the local press.
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.
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.
Summary of R v Bradley David Rogers and others  EWCA Crim 1680
These guidelines provide solicitors with advice on how to complete a National Crime Agency (NCA) consent request.
Following recent news reports into misleading debt collection practices, the Law Society has asked the Metropolitan Police to investigate Wonga.
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
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.
The Law Society recommends
An unmissable day of topical conference sessions and interactive panel discussions, alongside valuable networking opportunities
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.