Compliance with money laundering obligations is one of the greatest challenges for solicitors in the UK today.
The Law Society is delighted to announce the appointment of two sanctions practitioners on our highly regarded Money Laundering Task Force.
The Office of Financial Sanctions Implementation (OFSI) recently updated section 3.4.1 of the Financial Sanctions Guidance.
The bulk of law firms are doing what is needed to tackle money laundering. This sums up the findings of a recent review of fifty firms by the Solicitors Regulation Authority (SRA).
Our summary of recent decisions from the Solicitors Disciplinary Tribunal involving breaches of anti-money laundering requirements.
The Financial Action Task Force (FATF) will shortly conduct a peer review of the effectiveness of the UK’s anti-money laundering policies.
Under the Money Laundering Regulations 2007, pooled client accounts (PCAs) were automatically subject to simplified due diligence (SDD) by banks.
In October 2017 HM Treasury published the second National Risk Assessment (NRA) of money laundering and terrorist financing as significant threats to the UK’s economic security. What in practical terms does it mean for law firms?
We are seeking two sanctions practitioners to join our Money Laundering Task Force.
Negotiations were unexpectedly concluded on Friday 15 December, signaling possible future changes to the EU’s AML regime.
The Solicitors Regulation Authority (SRA) will be issuing a data-collection questionnaire to all firms at the start of next year.
Our latest advice and tips for new money laundering reporting officers.
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Our free and confidential helpline offers advice on a range of AML topics including customer due diligence, sources of funds, high-risk jurisdiction lists, and much more.
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Practical, half-day conference in Leeds on 12 June 2018
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.