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Financial sanctions guidance shows subtle policy shift

Financial sanctions guidance shows subtle policy shift

The following Corporate Crime news provides comprehensive and up to date legal information on Financial sanctions guidance shows subtle policy shift

Question of the week: what constitutes ‘conveyancing’ under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017? Would secured lending where there is no change of title fall under ‘conveyancing’ as above?

Question of the week: what constitutes ‘conveyancing’ under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017? Would secured lending where there is no change of title fall under ‘conveyancing’ as above?

Question of the week: what constitutes ‘conveyancing’ under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017? Would secured lending where there is no change of title fall under ‘conveyancing’ as above?

Practice Compliance weekly highlights—15 April 2021

Practice Compliance weekly highlights—15 April 2021

The following Practice Compliance news provides comprehensive and up to date legal information on Practice Compliance weekly highlights—15 April 2021

SEC official says agency can help self-reporting companies dig up information, achieve 'closure' in US FCPA cases

SEC official says agency can help self-reporting companies dig up information, achieve 'closure' in US FCPA cases

The following Corporate Crime news provides comprehensive and up to date legal information on SEC official says agency can help self-reporting companies dig up information, achieve 'closure' in US FCPA cases

Featured Practice Compliance content

Facilitation payments under the Bribery Act 2010

Facilitation payments under the Bribery Act 2010

Facilitating the performance of a duty by public officialsFacilitation payments, also known as facilitating or grease payments, are generally small...

What is a solicitor's undertaking?

What is a solicitor's undertaking?

An undertaking is a commitment by a solicitor to do something. It can be enforced against the solicitor by the courts. Failure to comply with an...

Active bribery, passive bribery and bribing foreign public officials

Active bribery, passive bribery and bribing foreign public officials

The purpose of this Practice Note is to provide a general understanding of the offences under section 1, 2 and 6 of the Bribery Act 2010 (BA 2010). It...

High-risk third countries tracker

High-risk third countries tracker

This Practice Note lists high-risk third countries identified by the Financial Action Task Force (FATF), HM Treasury and the European Commission as...

Precedents

Modern slavery: contract clauses

1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...
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9th Nov
tag iconIn-house
Practice notes

AML and counter-terrorist financing—source of funds

Source of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March...
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9th Nov
tag iconIn-house
Practice notes

Introduction to retained EU law

This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
tag iconBrexit
Precedents

Standard contractual clauses—set II—controller to controller (Model Clauses)

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...
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9th Nov
Precedents

Anti-bribery and corruption for law firms—post-training assessment questions

How to use this testThese questions are designed to test your understanding after your attendance at our training on avoiding bribery and...
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9th Nov
Practice notes

Compliance officer for legal practice—COLP—title and duties 2011 [Archived]

The compliance officer for legal practice (COLP) sits at the heart of the firm's regulatory arrangements. This does not mean that the firm and its...
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9th Nov

Most recent Payment of interest content

Precedents

Interest policy 2011 [Archived]

1Introduction1.1This document sets out our policy for paying interest where we hold money in client account for a:1.1.1client1.1.2person funding all...
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14th Feb
Practice notes

SRA Accounts Rules 2019

This Practice Note sets out the requirements of the SRA Accounts Rules 2019 (the 2019 Rules), in force from 25 November 2019, together with supporting...
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15th Jan
Practice notes

Payment of interest—regulatory requirements 2011 [Archived]

This Practice Note explains the SRA Accounts Rules requirements (rules 22 to 25) regarding interest on monies held in a client account.SRA Accounts...
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Produced in partnership with Taylor Mowbray LLP 8th Jan
Precedents

Accounts manual for staff—law firms 2019

1Introduction1.1This accounts manual sets out our [accounting OR finance] systems and controls for fee earners and other non-[accounts OR finance]...
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7th Dec
Precedents

Interest policy 2019—law firms

1Amount of interestWe will pay a fair sum of interest to clients or third parties on any client money we hold on their behalf.2Circumstances in which...
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7th Dec
Precedents

Accounts manual for accounts or finance team—law firms 2019

1IntroductionThis document sets out our [accounting OR finance] systems and controls. Any person working in the firm’s [Accounts OR Finance]...
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7th Dec
Precedents

Payment of interest—bi-annual monitoring review

A: General informationDate of reviewPerson(s) conducting reviewB: Review and findingsDo you need to review the circumstances in which you pay interest...
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7th Dec
Precedents

Payment of interest—annual review

A: General informationDate of review[Insert date]Person(s) conducting review[insert name]B: Review and findingsDo you need to review the circumstances...
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7th Dec
Precedents

Interest wording for CCL or TOB 2011 [Archived]

Payment of interestOur Interest policy explains our approach to paying interest where we hold money in client account for a:•client•person funding all...
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7th Dec
Practice notes

Payment of interest 2019—law firms

This Practice Note sets out the requirements of the SRA Accounts Rules 2019, in force from 25 November 2019, regarding payment of interest. The...
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25th Sep

Popular documents

LEXISNEXIS

Key elements of a standstill agreement

When restructuring is considered rather than formal insolvency proceedings (see Practice Note: Benefits of restructuring over formal proceedings) the company may want to ensure that relevant creditors quickly enter a standstill agreement to gain some breathing space to consider a restructuring

LEXISNEXIS

A company’s constitution

What is a company's constitution?A company’s 'constitution' is defined under the Companies Act 2006 (CA 2006) as including:•the company’s articles of association, and•any resolutions and agreements affecting a company’s constitutionThe CA 2006 definition of 'constitution' is not exhaustive and also

LEXISNEXIS

Skeleton arguments

This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.Note: this Practice Note does not deal with the

LEXISNEXIS

Separation of powers—legislative, executive and judiciary

Source of the doctrine of the separation of powersThe origins of the doctrine are often traced to John Locke’s Second Treatise of Government (1689), in which he identified the 'executive' and 'legislative' powers as needing to be separate.‘… it may be too great a temptation to human frailty, apt to