ENGLISH LAW SOCIETY WARNS OF ADVENT OF FIFTH MONEY LAUNDERING DIRECTIVE

On 18 December, a news release from the Law Society for England & Wales saying that law firms should be aware there will be a narrow window in which to review and adjust to changes to the AML regulations expected in January.  It looks at the expected changes firms should be preparing for ahead of the transposition deadline of 10 January.  The Legal Sector Affinity Group, of which the Society is a member, will publish interim guidance as soon as possible once the text of the legislative changes is confirmed.

https://www.lawsociety.org.uk/news/stories/fifth-anti-money-laundering-directive/

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section View all posts by raytodd2017