Money Laundering
We are expert in advising both individuals and organisations who find themselves caught in the fight against financial crime.
The UK’s anti-money laundering regime is one of the toughest in the world.
Tackling the problem of ‘dirty money’ in our financial system remains a key Government priority. Businesses, financial institutions, individuals and their advisers are all bound by our stringent anti-money laundering (AML) legislation. Many are also in the regulated sector so bound by the Money Laundering Regulations 2017 (as amended) [the Regulations]. This includes, for example, solicitors, accountants, bankers, estate agents. The Regulations require them to implement certain checks, controls and procedures to prevent money laundering. A failure to do so is a criminal offence.
We are expert in advising both individuals and organisations who find themselves caught in the fight against financial crime.
From those accused of perpetrating “high-end” money laundering arising from major frauds, terrorist activity and international corruption, to those suspected of facilitating it further along the laundering process. Whether payments are electronic or cash-based, used to purchase crypto, financial or physical property assets; whether parties are knowingly or unwittingly involved – we can assist.
We regularly advise lawyers, trust and company formation agents, investment banks and fund managers, accountants and real estate agents – on the regulatory and criminal law consequences of AML investigations, be they suspects or witnesses.
