Publisher's Synopsis
Legislation to combat money laundering within England and Wales has been considerably strengthened with the introduction of the Proceeds of Crime Act 2002 and new Money Laundering Regulations. These changes impact on every area of a solicitor's practice and impose serious penalties on those who, inadvertently or otherwise, assist in money laundering. Solicitors and Money Laundering clearly demonstrates how the new anti-money laundering laws apply to solicitor's practices. It highlights areas of practice most at risk and gives practical advice on how to introduce anti-money laundering procedures enabling firms to recognize and report suspicious transactions. The practical nature of the book is enhanced by helpful precedents, guidance material and statutory material. This authoritative handbook has been written by a recognised expert, taking account of the latest Law Society guidelines. It is essential reading for solicitors and their professional advisers looking to meet compliance objectives.
