We highlight the key questions regarding the Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 which commenced on 26 June.
Sue Mawdsley, Board member of the Legal Compliance Bulletin, examines what to look out for in the new draft regulations.
The new act amends the Proceeds of Crime Act 2002 and the Terrorism Act 2000, and received Royal Assent on 27 April. Janet Noble summarises what’s in it.
Even at senior levels, file audits can be seen as a non-chargeable irritation to be avoided, put off, or given only cursory attention. Hillary Stephenson of Weightmans explains that there is another way of looking at them.
Sarah Mumford and Gillian Watson look at an activity that every law firm undertakes but is little written about from the perspective of practical compliance.