header-logo header-logo

30 June 2023 / John Gould
Issue: 8031 / Categories: Features , Profession
printer mail-detail

The Law & Regulation of Solicitors: Client Money

128471
"This is a bible for those who have to show that they keep the AML faith"
Author: Katie Publisher: Bloomsbury Professional
ISBN: 9781526524621
Pages: 960
RRP: £125

This book is written with the intention of providing an exploration of the current law and policy of anti-money laundering (AML) in the context of legal professionals holding client money. It is a book intended for those with responsibility for AML compliance, which gives it a large and probably expanding potential readership.

Over-compliance: the right approach?

It is not essentially a law book; it refers to just 13 legal cases. On policy, the author has no doubt that the most rigorous AML requirements are justified, and in her view legal requirements fall short of even a starting point for the right and just level of AML. This is not a book in which the worldwide approach to AML policy is likely to be questioned.

The contrary position (as explored, for example, in Ronald F Pol’s paper ‘Anti-money laundering: The world’s

If you are not a subscriber, subscribe now to read this content
If you are already a subscriber sign in
...or Register for two weeks' free access to subscriber content

MOVERS & SHAKERS

Harneys—Maggie Kwok & George Weston

Harneys—Maggie Kwok & George Weston

Harneys senior leadership appointments

Freeths—Keith Browne & Jim Jordan

Freeths—Keith Browne & Jim Jordan

Freeths strengthens London Construction and Engineering practice with two strategic senior hires

Anthony Collins—Laura Moss

Anthony Collins—Laura Moss

Anthony Collins announces strategic hire to deepen skills base in the social business sector

NEWS
More than 100 teams from the legal and financial services sectors competed in five sports at the 51st Law Society RFC Festival of Sport earlier this month
Part-time status need only be an effective cause of less favourable treatment, rather than the sole cause, the Supreme Court has held in Augustine v Data Cars
Britain’s new acknowledgement that Israel’s occupation is unlawful, and accompanying settlement-goods ban and sanctions, is significant but overdue, argue Danny Friedman KC and Victor Kattan in NLJ this week
New planning fee rises, wider trade union access rights and a service-by-email trap feature in Stephen Gold’s latest Civil Way
Existing defamation law can respond to AI ‘hallucinations’, but allocating responsibility will prove harder where outputs reach users without human intervention
back-to-top-scroll