Fraser Sinclair is the AML Auditor in our Financial Compliance team.

Money laundering is rarely out of the press these days. And for good reason. Money laundering is not only a serious offence in itself but it is linked to criminal activities such as human-trafficking and terrorist financing.  That's why anti-money laundering (AML) is high up the list of priorities for the UK and Scottish Governments.  As the Professional Body AML Supervisor for law firms in Scotland, my colleagues and I are focused on a range of activities to ensure effective and efficient AML supervision of the Scottish legal profession.

The AML Certificate is a crucial part of our toolkit, which with the co-operation of our members, has delivered valuable insight. You can read the headline results below.

AML Certificate

The AML Certificate is a crucial tool in our statutory obligation to deploy a risk-based approach to our AML Supervision....

It's all about SARs...

SARs Liason Lead at the UK Financial Intelligence Unit (UKFIU), Tony Fitzpatrick, got together with our Head of Anti-money laundering (AML), Graham Mackenzie at our Edinburgh offices to film a free webinar for Law Society of Scotland members.

Trust or Company Services Provision

Trust or Company Services Provision (TCSP) work has come under ever increasing scrutiny in recent years and legal entities, for example Limited Liability Companies and Scottish Limited Partnerships, and Trusts can be misused by criminals to obscure the true origin and ownership of assets.