Lawyers have an ethical obligation to avoid assisting clients in illegal conduct such as money laundering. Identifying your client and verifying their identity in accordance with the rules can assist in safeguarding you and your practice. These resources provide information on how to avoid becoming a target for money laundering as well as guidance on the client identification and verification rules.
Money Laundering Risks in Legal Practice – What Every Lawyer Needs to Know
Client Identification and Verification for Individuals Form
Client Identification and Verification for Organizations Form
Anti-Money Laundering and Terrorist Financing Guidance for Lawyers
Webinar – Amendments to Parts XV, XVI, and V of the law Society Rules
Client Identification and Verification FAQs
Risk Advisories for the Legal Profession
Risk Assessment Case Studies for the Legal Profession
Guidance on Monitoring Obligations
Title Insurance, Client Identification and Consent
Red Flag Guidance on the Source of Funds
Guidance on Politically Exposed Persons/ Heads of International Organizations
Red Flags Quick Reference Guide