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Money Laundering Regulations 2017—simplified due diligence

You may apply simplified customer due diligence (SDD) measures in relation to particular business relationships or transactions which you determine...

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?

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...

Dawn raid—who can raid my organisation and why?

The UK Government has legislated to permit a number of UK authorities to obtain search warrants to 'raid' a business premises. The potential for a...

Practice notes

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...

Produced in partnership with Joanne Kane of Carmelite Chambers 9th Nov

Practice notes

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...

9th Nov

In-house

Practice notes

Getting the Deal Through: Merger Control 2021

Jurisdictions coveredThe following jurisdictions are covered in this report:Albania; Australia; Austria; Belgium; Bosnia and Herzegovina; Brazil;...

9th Nov

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...

9th Nov

In-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...

9th Nov

In-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...

9th Nov

Brexit

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...

9th Nov

Practice notes

Money Laundering Regulations 2017—nominated officer

This Practice Note sets out when organisations must appoint a nominated officer, the duties of the nominated officer and practical steps nominated...

9th Nov

In-house

Most recent Business activities content

Practice notes

Sanctions regimes made under SAMLA 2018—tracker

The Sanctions and Anti-Money Laundering Act 2018 (SAMLA 2018) was implemented to ensure the UK has a robust sanctions regime after the UK leaves the...

2nd Dec

Precedents

Memorandum to board/senior management accompanying financial sanctions policy

International financial sanctions in the UK are largely implemented via the Terrorist Asset-Freezing etc Act 2010 (TAFA 2010) together with various...

2nd Dec

Precedents

Training materials—Financial sanctions

This document contains guidance on subjects impacted by the UK’s withdrawal from the EU. For further reading, see Practice Note: Development of...

2nd Dec

Precedents

Financial sanctions policy

1IntroductionThis financial sanctions policy is designed to ensure we comply with applicable financial sanctions laws[ across every jurisdiction in...

2nd Dec

Precedents

Financial sanctions match report record

This Precedent Financial sanctions match report record is intended to be used to log sanc

2nd Dec

Precedents

Financial sanctions match report form

Instructions on completing this formYou must complete this form in full, attach any required documentation (as set out below), and pass it to [your...

2nd Dec

Precedents

Financial sanctions—post-training questions

How to use this testThese questions are designed to test your understanding following your attendance at our training on financial sanctions.After you...

2nd Dec

Precedents

Financial sanctions—post-training exercise answers

QuestionCorrect answer1. Financial sanctions are restrictions on activity, but in relation to what?(d) All of the above2. The UK law on financial...

2nd Dec

Precedents

Message from CEO/Senior Member/Senior Partner on the introduction of a financial sanctions policy

From [insert name], [insert job title]Financial sanctions are restrictive measures imposed on targeted countries, governments, entities, individuals...

2nd Dec

Precedents

Financial sanctions [quarterly] monitoring review

General informationDate of review[Insert date]Person(s) conducting review[Insert name(s)]ScreeningConsidering your screening process:Is your screening...

2nd Dec

Precedents

Financial sanctions—annual review

1GeneralDate of review[Insert date]Person conducting this review[Insert name]2Risk assessmentLooking at your risk assessment:Has the risk assessment...

2nd Dec

Precedents

Financial sanctions risk assessment

1Introduction1.1We have performed an organisation-wide assessment of the areas where we are most at risk of breaching financial sanctions.1.2Our...

2nd Dec

Precedents

Financial sanctions breach response form and action plan

1General informationDate[Insert date]Name of person completing this response form and action plan[Insert name]Date sanctions breach report form...

2nd Dec

Precedents

Record of suspected financial sanctions target match investigation

1General informationDate of investigation.[Insert date]Person conducting investigation.[Insert name]Date sanctions match report form received.[Insert...

2nd Dec

Precedents