- in the category: Regulation
Earlier this year, firms covered by the scope of the 2017 Regulations completed the AML registration process and as the next major step as a Professional Body Supervisor, those same firms are required to complete a compulsory questionnaire, the AML Certificate. Fraser Sinclair, our AML Auditor explains how he came to be involved and why it's so important.
Carole Ford, lay convener of the Regulatory Committee, writes about the need for reform of legal services regulation which ensures robust public protections.
Christine McLintock, former General Counsel of Pinsent Masons and member of the Roberton review panel, discusses Esther Roberton's report on the regulation of legal services.
A new AML Certificate is to be introduced for law firms to strengthen AML procedures and meet the requirements of the 2017 Money Laundering Regulations.
We have launched a new online service for ongoing AML registration for solicitors joining, leaving or changing roles within their firm.
Legal services consumers are set to benefit from new practice rules for Scottish solicitors on Incidental Financial Business.
Has your firm completed an AML risk assessment? It's an essential part of law firms' anti-money laundering activity
Graham Barrow, anti-money laundering consultant and writer about financial crime, discusses the UK Government’s recent announcement regarding the professions and money launderers.
HM Treasury frozen asset annual review - reporting period ends on 13 October.
Our Regulatory Committee plays a crucial role in overseeing our regulatory functions. Carole Ford, the lay convener to the committee, discusses some of its recent work and decisions
Solicitors and non-solicitors have the opportunity to get involved with the work of the Law Society of Scotland, influencing decisions affecting the Scottish legal profession and helping to shape good law.