Articles
Countering Liability for Facilitating Tax EvasionOctober 9, 2017In order to counter the risks of liability for this new offence law firms and other professional advisers must have adopted a suitable policy which they can demonstrate to have been based on a risk assessment process.Read More
Law Society AML Guidance UpdatedSeptember 14, 2017The Law Society has now issued its revised guidance on compliance with anti-money laundering and terrorist financing requirements in the light of the Money Laundering Regulations 2017 ("MLR 2017") and so has enabled firms to finalise their policies in this area to ensure continued compliance with these important obligations.Read More
The Criminal Finances Act 2017September 9, 2017New powers will be made available at the end of this month to the authorities in their efforts to combat money laundering through the ability to apply for unexplained wealth orders ("UWOs")Read More
The revised SRA Accounts RulesAugust 12, 2017The SRA is reviewing the entire Handbook with the intention of making it shorter and simpler to understand and apply. Last year it consulted on its proposals for the Principles, the Code of Conduct and the Accounts Rules. Read More
Confidentiality and the SRAJune 20, 2017The recent decision in Hudson v SRA [2017] EWHC 1249 (CH) provides a stark reminder that the SRA must be alert to its duties of confidentiality when dealing with regulatory investigations.Read More