Text for AML Update Service
AML Update: Risks of Money Laundering Through Sham Litigation
Purchase this policy: Anti-Money Laundering Policy
- Change date
- 21/01/2025
- Word count
- 765
- Deployment measure
- 9/10
Rationale
This draft wording is recommended for inclusion in your policy if the firm engages in litigation work, as the SRA has highlighted litigation firms as being particularly exposed
The involvement in sham litigation poses significant risks of money laundering for law firms. All staff must remain vigilant to these risks and ensure compliance with the Proceeds of Crime
…
To view the full text: