Don’t Panic

A couple of clients have contacted us concerning a possible “Nationwide Anti Money Laundering audits of Law firms”. This follows a couple of LS Gazette articles on the subject.

Unless you are a “high risk firm” it seems unlikely you will face too much scrutiny – Though you should obviously have functioning procedures with which all staff are familiar. You do not need expensive support packages to achieve this.

We suspect the big firms handling millions will get a visit. The rest will probably get a questionnaire to fill in.

Share
About Author: SP

Leave a Reply

Your email address will not be published. Required fields are marked *