Solicitors and Money Laundering; A Compliance Handbook

Description A guide to money laundering compliance that takes into account the impact of significant developments in legislation and best practice. It describes the introduction of Money Laundering Regulations 2007, which came into effect on 15 December 2007 which impose wider administrative requirements on solicitors in relation to clients' use of services. Ensure that you and your firm are compliant with anti money laundering law with the help of the new edition of "Solicitors and Money Laundering". The third edition of this bestselling guide to money laundering compliance has been fully updated to take account of the impact of significant developments in legislation and best practice, including: the introduction of Money Laundering Regulations 2007, which came into effect on 15 December 2007. These impose wider administrative requirements on solicitors in relation to clients' use of services. The Law Society's Anti-Money Laundering Practice Note, issued on 22 February 2008. User-friendly and practical, the book features a precedent for a basic money laundering manual that can be adapted to your firm's needs, saving time and helping to you to ensure compliance. Table of contents Part 1: Substantive Law: 1. Money laundering and the solicitors' profession: an overview; 2. Criminal offences: arrangements (PoCA 2002, s.328); 3. Criminal offences: other money laundering offences; 4. Authorised disclosures; 5. Failure to disclose: regulated sector; 6. Failure to disclose: nominated officers; 7. Disclosures which prejudice an investigation; 8. Confiscation and Civil Recovery Orders; 9. Money Laundering Regulations 2007; Part 2: Practical Guidance: 10. Reporting suspicions; 11. Management of money laundering procedures; 12. How to spot money laundering activities in a solicitor's practice; Appendices: A. Statutory Material; B. Guidance Material; C. Forms and Precedents.