AML & counter-terrorist financing

AML & counter-terrorist financing guidance:

What is money laundering?Money laundering is the process through which the proceeds of crime and their true origin and ownership are changed so that the proceeds appear...

Precedents

Money laundering is the process through which the true origin and ownership of the proceeds of crime are changed so that the proceeds appear legitimate. The Proceeds of...

Precedents

STOP PRESS:The Fifth Money Laundering Directive (5MLD) came into force on 9 July 2018 and EU Member States have until 10 January 2020 to give effect in national law to...

Precedents

This timeline sets out developments in relation to anti-money laundering (AML) and counter-terrorist financing (CTF) regimes being implemented in the UK including the...

Practice Note

Individuals who have, or have had, a high political profile, or hold, or have held, public office, can pose a higher money laundering risk to firms as their position may...

Practice Note

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 2018. Its findings...

Practice Note

Brexit: As of exit day (31 January 2020), the UK is no longer an EU Member State, but it has entered an implementation period during which it continues to be treated by...

Practice Note

Please click here for an Excel version of this register. General Insert course name/description and reason for training. Course name/description[Insert course...

Precedents

This Practice Note contains a table with some specific examples of where legal professional privilege (LPP) and privileged circumstances are likely to apply and where a...

Practice Note

1 Large payments made in cash may be a sign of money laundering or terrorist financing. 2 You must not accept any funds (cash or otherwise) from a [customer OR client]...

Precedents

1 Instructions on completing this form If during the course of completing CDD checks you discover a discrepancy between the beneficial ownership information the client...

Precedents

This Practice Note is a one-stop shop for customer/client due diligence (CDD) resources in the USA that saves time and effort by taking you straight to the relevant...

Practice Note

This Practice Note is a one-stop shop overseas customer/client due diligence (CDD) resource that saves time and effort by taking you straight to the company registry for...

Practice Note

This Practice Note details the challenges that names from different cultures can present to compliance teams when it comes to the customer/client due diligence (CDD)...

Practice Note

This Practice Note outlines counter-terrorist financing provisions (CTF), including the offences and obligations contained in the Terrorism Act 2000 (TA 2000) and related...

Practice Note

This Practice Note outlines counter-terrorist financing provisions (CTF), including the offences and obligations contained in the Terrorism Act 2000 (TA 2000) and related...

Practice Note

A: General information Review period[Insert review period] Date of review[Insert date] Person(s) conducting review[Insert name(s)] B: Data CriteriaIn the last [insert...

Precedents

Employers may wish to know whether a prospective employee has a criminal record, for example because: • it reflects on the employee’s character and suitability for the...

Practice Note

This table ties together source of funds and source of wealth requirements and recommendations contained in the Money Laundering Regulations 2017 (MLR 2017), as amended...

Precedents

The Fourth Money Laundering Directive (4MLD), replacing the Third Directive which had been in force since 2005, was transposed across Europe in June 2017. A mere 13...

Practice Note

The Fourth Money Laundering Directive (4MLD), replacing the Third Directive which had been in force since 2005, was transposed across Europe in June 2017. A mere 13...

Practice Note

STOP PRESS: The Fifth Money Laundering Directive (5MLD) came into force on 9 July 2018 and EU Member States have until 10 January 2020 to give effect in national law to...

Practice Note

Click here to download the latest Anti-Money Laundering 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are covered...

Practice Note

1 General Date[Insert date]Name and job title of person completing this form[Insert name][Insert job title] Client/matter reference number[Insert number]Conducting fee...

Precedents

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

Practice Note

STOP PRESS:The Fifth Money Laundering Directive (5MLD) came into force on 9 July 2018 and EU Member States have until 10 January 2020 to give effect in national law to...

Precedents
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