Compliance with money laundering obligations is one of the greatest challenges for solicitors in the UK today.
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.
It is that time of year again, we are all feeling festive, thinking of relaxing at home over the Christmas period with mince pies, chocolate and turkey! But what are the criminals looking forward to?
The National Crime Agency (NCA) has issued its user guidance for SAR Online.
On 26 October, the UK published its second National Risk Assessment of anti-money laundering risk exposure across various services sectors.
The new Money Laundering Regulations 2017 have brought about several significant changes to how legal practitioners should comply with their anti-money laundering (AML) obligations.
The EU Financial Sanctions Regulations 2017 impose new obligations on independent legal professionals.
Our summary of recent decisions from the Solicitors Disciplinary Tribunal involving breaches of anti-money laundering requirements.
Today, company directors need to understand that the law requires them to ensure that their company is required to police itself for good corporate governance. The days have long gone when directors could say that their singular role in life was to maximise company profits, without considering the wider implications of its actions.
The Law Society has responded to the Financial Conduct Authority’s consultation on the plans for a new Office for Professional Body Anti-Money Laundering Supervision (OPBAS).
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.
Call us on 020 7320 9544 Email: AML@lawsociety.org.ukFind out more about our helplines
Subscribe to AML Update and receive bi-monthly AML developments, as well as details of anti-money laundering training and events.
These workshops will help MLROs develop their skills and abilities, and are held February – April across England and Wales
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.