Money laundering is making money from crime, then passing it through a business or buying assets (such as cars and houses) to make it appear legitimate.
Solicitors face severe criminal penalties (fines and imprisonment) if they do not adhere to anti money laundering legislation.
Our latest guide, which you can download by clicking the button below, addresses a number of important questions:
What is money laundering?
What are the proceeds of crime?
Anti-money laundering legislation
What are the requirements?
Verifying your identity
Reporting any suspicious transactions
If you require anymore information or wish to speak to a solicitor about anti money laundering issues please contact our office.