Hundreds of thousands of pounds of criminally derived money is laundered through financial institutions annually. The nature of services offered by the legal sector means that it is vulnerable to abuse by money launderers. Is your practice subject to AML Regulations? Are you and your staff familiar with the latest guidance issued by LSAG?
We offer independent audits for practices within the scope of AML regulations, and can review the business’s AML systems to ensure adequacy and total compliance.
We will also produce and present to the board a full report on the operation and effectiveness of the AML systems and controls in place and suggest any necessary changes.
