Amir Nazir
Butt
Solicitor
014411
Decision - Prosecution
Outcome: Referral to Solicitors Disciplinary Tribunal
Outcome date: 28 March 2024
Published date: 17 September 2024
Firm details
Firm or organisation at date of publication and at time of matters giving rise to outcome
Name: ANB Law Solicitors Limited
Address(es): Kingswood House, 168 Park Road, Peterborough PE1 2UF
Firm ID: 8004650
Outcome details
This outcome was reached by SRA decision.
Reasons/basis
This notification relates to a Decision to prosecute before the Solicitors Disciplinary Tribunal. This is an independent Tribunal which will reach its own decision after considering all the evidence, including any evidence put forward by the Solicitor. The Tribunal has certified that there is a case to answer in respect of allegations which are or include that, Mr Amir Butt, trading as ANB Law:-
Between 26 June 2017 and up to approximately 31 December 2022, failed to have:
1.1. a Firm Wide Risk Assessment ('FWRA' in place as required by Regulation 18 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information of the Payer) Regulations 2017 ('MLRs 2017';1.2. client and matter risk assessments as required by regulation 28 of the MLRs 2017;
1.3. adequate anti-money laundering policies, controls and procedures as required by regulation 19 of the MLRs 2017;
1.4. any or any adequate anti-money laundering training for staff at his firm as required by regulation 24 of the MLRs 2017;
2. On or around 31 January 2020, made a declaration to the SRA which was false and misleading in that it confirmed that the Firm had in place a fully compliant FWRA as required by regulation 18 of the MLRs 2017 when, in fact, there was no such FWRA in place.
3. Between November 2014 and December 2022, he failed to ensure that client money was returned promptly to the client.
The allegations are subject to a Hearing before the Solicitors Disciplinary Tribunal and are as yet unproven.