Law Together LLP (Law Together LLP)
Castlefield House, Liverpool Road, Manchester , M3 4SB
Licenced body
659487

Decision - Fined

Outcome: Fine

Outcome date: 28 May 2021

Published date: 6 July 2021

Firm details

No detail provided:

Outcome details

This outcome was reached by SRA decision.

Decision details

DISCIPLINARY DECISION FOR PUBLICATION

Law Together LLP is a licensed body whose principal office is at Castlefield House, Liverpool Road, Manchester M3 4SB.

On 26 June 2017, the Money Laundering, Terrorist Financing and Transfer of Funds (information on the Payer) Regulations 2017 (MLRs 2017) came into force. Law firms who carry out certain work must comply with the MLRs 2017. Those firms must carry out a risk assessment to identify and assess the business’s risks of money laundering and terrorist financing (the firm-wide risk assessment).

The SRA asked all those firms to complete a declaration to confirm that they have a compliant anti-money laundering firm-wide risk assessment by 31 January 2020.

Law Together LLP failed to provide the declaration until 12 April 2021 in breach of rules 2.1(a) and 3.3(a) of the SRA Code of Conduct for Firms.

Law Together LLP was directed to pay a penalty of £800 and ordered to pay costs of £600.