Money laundering

Keeping money launderers out of legal services has long been a priority of ours. Firms we regulate often handle significant amounts of money or can help to disguise transactions through their services. This makes them attractive targets for criminals and funders of terrorism who want to launder money.

The vast majority of solicitors would be horrified to discover they had unwittingly helped money launderers; and understand that it is not a victimless crime. We therefore do all we can to work with the profession and  the risk of criminals using law firms for this purpose.