Are Law Firms Failing to Mitigate Increasingly Sophisticated AML Practices?
If businesses have learnt anything from the past few years, it’s that knowing who you are working with is key to success.
Category: Banking & Finance
The Fifth Money Laundering Directive and Legal Compliance
10 January 2020 is a date that the business world cannot afford to ignore. It is the date the Fifth Anti-Money Laundering Directive (5AMLD)…
Does Interest Accrue on Sums Owed to a Sanctioned Entity?
In July 2019, the High Court of England and Wales gave judgment in the case of Ministry of Defence and Support for Armed Forces…
Increased Sentences for Money Laundering, But How Is It Being Tackled?
The increasing average length of sentences given to convicted money launderers in the UK over the past decade makes a strong enough story in…
Unexplained Wealth Orders: Guilty Until Proven Innocent?
Following the news that Zamira Hajiyeva, who is currently fighting the UK's first Unexplained Wealth Order (UWO), spent £16m in Harrods without raising suspicions, Dominic…
Key Financial Legal Issues Women Need to Know
I have been practicing Bankruptcy, Debt/Wealth Management, Wills, Trusts and Estates, Real Estate and Taxation Law for many years now, representing both men and…
Free Ports and the Potential for Money Laundering Post-Brexit
The new UK Prime Minister has talked of the possible value of free ports to a post-Brexit UK.
The Do’s and Don’ts of Independent Anti-Money Laundering Audits
When the 4th Anti-Money Laundering Directive was introduced in 2017, it fundamentally changed the way businesses handle money, and one part of this directive…
Should Cryptocurrency Be Regulated in the UK?
With around 1500 cryptocurrencies now available globally, and new ones entering the market consistently, it is an area that now needs careful consideration from…
Reform Is Coming for the Big Four Consultancies: Will They Embrace It?
Why the Big Four’s monopoly must be broken for the good of the industry.