News and articles
Legal professional privilege: disclosing suspicions to your Money Laundering Reporting Officer (MLRO)
Page 104 of the Legal Sector AML Guidance states that ‘section 330(9A) [of POCA] protects the privilege attaching to any disclosure made to a nominated officer for the purposes of obtaining advice about whether or not a disclosure should be made.'
What have we got here then? Companies must police themselves
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.