SRA v Stephen Pickard
22 February 2018
The respondent was convicted in November 2016 of fraud and money laundering offences and is currently serving an eight-year prison sentence.
Sanction: The respondent was struck off and ordered to pay costs of £2,439.60.
SRA v Christopher Langford, Michael Gummers, Paul Amandini, Mark Johnstone and Howard Kennedy LLP
26 February 2018
Mr Langford admitted to facilitating payments in and out of the client account that were unrelated to any underlying legal transaction between October 2010 and April 2012. Howard Kennedy admitted to failing to put adequate measures in place to prevent the client account being used as a banking facility. There was no suggestion that money laundering had occurred or of any loss to clients.
Sanction: Mr Langford was ordered to pay a fine of £15,000 and costs of £24,300; no orders were made in respect of Mr Gummers, Mr Amadini or Mr Johnstone; and Howard Kennedy were ordered to pay a fine of £35,000 and costs of £46,950.
SRA v Patrick Kelly, Ian Burman, Marc Selby and Laytons Solicitors LLP
6 March 2018
Mr Kelly, Mr Burman and Mr Selby admitted to allowing money to be paid in and out of the client account without an underlying legal transaction. None of the matters involved any risk of money laundering.
Sanction: Mr Kelly agreed to pay a fine of £7,500; Mr Burman agreed to pay a fine of £5,000; Mr Selby agreed to pay a fine of £2,000; and Laytons agreed to pay a fine of £20,000. Joint costs were agreed at £5,000.