Q&As

Do we have to screen staff who may work on private client matters?

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Published on LexisPSL on 15/04/2019

The following Practice Compliance Q&A provides comprehensive and up to date legal information covering:

  • Do we have to screen staff who may work on private client matters?
  • Anti-money laundering
  • Insurance distribution
  • Lexcel
  • Conveyancing Quality Scheme
  • Private client issues
  • General

Anti-money laundering

If the Money Laundering Regulations 2017, SI 2017/692 apply to your firm, you must carry out screening of relevant employees where it is appropriate having regard to the size and nature of the firm's business.

For further guidance, see Practice Note: Money laundering and proceeds of crime—implications for environmental lawyers.

Insurance distribution

You must ensure that all managers and staff directly involved in insurance distribution activities are of good repute. See Practice Note: Insurance distribution activities—law firms.

‘Good repute’ means (as a minimum) that the individual has:

  1. a clean criminal record or other national equivalent in relation to serious criminal offences (not defined) linked to crimes against property or other crimes related to financial activities, and

  2. <•

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