Anti-money laundering
UK economic crime regime
This guide sets out how UK economic crime legislation impacts solicitors and firms.
All resources
- Anti-money laundering (AML) compliance for small firms04 Dec 2023
- Anti-money laundering guidance for the legal sector28 Mar 2023
- Anti-money laundering guidance for the legal sector: addendum01 Dec 2023
- Chinese underground banking and funds from China: LSAG advisory notice08 Mar 2023
- Consequences of not preventing economic crime: firm case studies22 Apr 2024
- Consequences of not preventing economic crime: solicitor case studies11 Apr 2024
- Customer due diligence25 Jun 2024
- Internal money laundering reporting12 Jan 2020
- Legal professional privilege: disclosing suspicions to your MLRO07 Mar 2022
- Politically exposed persons 19 Dec 2019
- Professional enablers16 Sep 2024
- Quick guide to the Money Laundering Regulations 201717 Jan 2020
- Register of overseas entities: what solicitors should know about verification29 Jul 2022
- Risk assessments: anti-money laundering19 Oct 2023
- Source of funds07 Mar 2022
- Suspicious activity reports23 Aug 2024
- Tipping off and prejudicing an investigation27 Feb 2023
- Trust Registration Service (TRS) and AML compliance04 Apr 2022
- UK economic crime regime30 Apr 2024
- UK sanctions regime19 Sep 2024
- Warning signs of money laundering20 Jan 2020
- Who is regulated under the Money Laundering Regulations 2017?17 Jun 2024
- Bribery Act 201022 Sep 2022
- Compliance officers16 Sep 2024
- House competitions13 Jan 2020
- Responding to a financial crime investigation24 Jan 2022
- Can I accept my client’s £20,000 cash deposit?28 Apr 2021
- Can I ask a client about a register discrepancy without tipping off?08 Apr 2024
- Can I charge for due diligence checks?25 Nov 2021
- Can I tell a client I made a suspicious activity report?30 Sep 2024
- Can I withdraw a suspicious activity report I made yesterday to the National Crime Agency?30 Sep 2021
- Can my client use bitcoin to purchase property?22 Sep 2023
- Do I have to identify and verify all the beneficial owners of a trust?31 May 2024
- Do I need to make a suspicious activity report if I end a retainer?19 Jul 2021
- Do we need to appoint an MLCO if we have an MLRO?22 Sep 2023
- Does my firm have to pay the economic crime levy?07 May 2024
- Does the Terrorism Act 2000 override legal professional privilege?05 Dec 2022
- How do I verify the identity of a client without standard documentation?01 Dec 2022
- I act for a seller. What should I do if a buyer transfers purchase funds to my client account?30 Nov 2022
- I act for an executor who found £20,000 in the home of the deceased. What should I do?05 Dec 2022
- Is a deed of variation of benefits a money laundering or tax evasion risk?22 Sep 2023
- Is an MLRO automatically a BOOM?18 Mar 2024
- Is outlining our reporting obligations in client care letters ‘tipping off’?26 Feb 2021
- Is there a de minimis amount for sanctions?17 Jun 2024
- I’m a sole practitioner. Do I need to appoint a money laundering officer?22 Sep 2023
- I’m setting up a new firm. What should we include in our client care letters?22 Sep 2023
- My client is a member of a UK political party. Do they count as a politically exposed person?22 Sep 2023
- My client is a possible sanctions match. What should I do?06 May 2020
- Should I report a minor AML breach to the SRA?25 Apr 2024
- Should we quote our account number on bills?01 Jul 2020
- What do we need to include in our policy on handling cash?22 Sep 2023
- What information can a bank request about our client account?06 Mar 2024
- What is Chinese underground banking?25 Mar 2024
- What should I do if a client pre-signs mortgage documents?05 Dec 2022
- When can our practice accept client funds?08 Dec 2021
- When should I carry out a sanctions risk assessment?21 Sep 2021
- Where can I get help with the NCA SAR portal?20 May 2024
- Where do I report a discrepancy between my due diligence and the PSC register?31 Mar 2021
- AML leaflets - for your client and your firm07 Jan 2020
- Anti-corruption training21 Mar 2023
- Anti-money laundering and terrorist financing glossary10 Mar 2021
- Economic crime and regulatory compliance directory24 Jun 2024
- High-risk third countries for AML purposes05 Dec 2024
- Money laundering risks and threats12 Nov 2024
- UKFIU sanitised feedback on suspicious activity reports23 Sep 2021
- Adequate consideration and proceeds of crime05 Dec 2024
- Digital ID trust framework14 Mar 2022
- Economic Crime Act: what does it mean for law firms?27 Jun 2023
- Economic Crime and Corporate Transparency Act07 Nov 2024
- Economic crime levy21 Mar 2024
- Economic crime plan11 Apr 2024
- HM Treasury review of the Money Laundering Regulations 201707 Jul 2022
- Home Office suspended funds scheme: share your views01 Aug 2023
- Law Commission review of the suspicious activity report regime29 Feb 2024
- Prosecution of ‘failure to disclose’ offences28 Jul 2021
- SARs reform programme29 Feb 2024
The Law Society is the independent professional body for solicitors. Our vision is to promote, protect and support solicitors, the rule of law and justice in England and Wales.
Maximise your membership
My LS gives you access to the latest news, events, books and resources to help you excel within your practice.
Risk and Compliance Section
Our Risk and Compliance Section is a community for people who manage compliance. We provide support and guidance through our magazine, webinars, events, podcasts and features.
Property Section
Our Property Section is a community for residential and commercial property practitioners. We provide support and guidance through our magazine, webinars, events and case commentary.