All Money laundering and financial crime articles – Page 7
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OpinionSolicitors urged to review AML policies as new guidance launches
Guidance explains what is a ‘must’, a ‘should’ and a ‘may’ to help ensure practices can understand and address anti-money laundering risk.
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NewsReview AML procedures now, practitioners warned
New version of anti-money laundering guidance published today.
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NewsPolice warn solicitors about phishing scam
Fraudsters are imitating law firm websites to acquire client bank details, says Hampshire Constabulary.
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NewsSmall firms should not escape financial crime levy, SRA tells government
Charges should be based on risk profile, which means smaller practices would be liable.
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NewsFirm fined £14,000 after missing ‘red flags’ on property work
SRA announces sanction in the same week as renewing calls for extra due diligence on clients.
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NewsSRA tells firms: Check exactly where your client’s money came from
Regulator suggests current checks being made by some firms are not enough.
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NewsExpect no relaxation in AML regime, solicitors warned
Conference will preview new guidance from legal sector supervisors.
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NewsSolicitors hit back at MoJ's ‘fence-sitting’ economic crime review
Review into corporate criminal liability was ‘inconclusive’, says Ministry of Justice.
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OpinionSolicitors should not be penalised because of financial crime
Whist the profession has an important role to play in the AML regime, the Law Society strongly opposes the economic crime levy.
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FeatureCold, hard cash
HMRC’s ‘blended approach’ to tackling tax evasion and money laundering is getting results, reports Melanie Newman. But is it encroaching on people’s rights?
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OpinionReputation laundering: a problem for us all
Wirecard fraud confirms in the mind of journalists and others that big London firms are being used by criminals to launder their reputation and to intimidate others.
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NewsSociety condemns ‘special tax on legal profession’
AML levy based on income would be especially harmful to the profession, Chancery Lane warns.
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OpinionUWOs change the role of law enforcement agencies
Will the National Crime Agency prioritise going after the money rather than criminal prosecution?
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NewsUnexplained wealth order victory 'step in the right direction'
Property developer hands over £10m to National Crime Agency.
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NewsID checks on directors in Companies House reforms
Government promises a 'fast, efficient, 24/7 digital verification process'.
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NewsInternational firm to pay £19.2k for due diligence failings
Taylor Vinters said its client account bank details had been provided to individuals without its knowledge.
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NewsG4S ex-bosses charged with fraud against Ministry of Justice
Former executives will appear at Southwark Crown Court next month.
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NewsDechert’s head of white collar crime to retire
Neil Gerrard will leave at the end of the year after almost a decade at the firm.
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OpinionA century of crime fighters flying to the rescue
Scotland Yard’s Flying Squad: 100 Years of Crime Fighting by Dick Kirby.
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NewsEx-football boss solicitor refused permission to appeal
David Haigh alleged that Dubai conviction had been procured by fraud.