Subscribe to our newsletter

UK watchdog chases law firms over money laundering rules

The solicitor’s watchdog is pursuing law firms that have failed to fulfil anti-money laundering rules after evidence showed high levels of non-compliance.

UK watchdog chases law firms over money laundering rules
smsfadviser logo
Lack of penalties in RBS small-business scandal
  • Shared by KYC360
  • December 19, 2019
share this article

It has written to 6,500 compliance officers for legal practices asking them to make a declaration that they have a firm-wide money laundering risk assessment in place.

Read more at KYC360

Receive the latest Financial Accountant news,
opinion and features direct to your inbox.

related articles