Property Section publishes new AML guide

On 8th September 2010, The Property Section's Practical Guide to Anti-Money Laundering was published, as a guide for property practitioners to their anti-money laundering (AML) obligations, and to recognising and preventing mortgage fraud.
 
The guide should be viewed as a supplement, as opposed to an alternative, to the Law Society’s AML practice note. It is intended to present a practical approach to the way in which conveyancers, particularly those in the high street, deal with the ever more complex and demanding regulations relating to money laundering and mortgage fraud.

The guide is a compilation of a series of articles first published in Property in Practice, the magazine of the Law Society’s Property Section, along with additional exclusive material to provide more detailed guidance for solicitors and money laundering reporting officers. It also includes a guide to the various AML services provided by the Law Society to support the profession, and provides useful case studies to show what practitioners may encounter in practice.

Copies have been sent to all Property Section members with their September 2010 edition of Property in Practice and members can also access a pdf of the guide on the member benefits page and money laundering resources page. Copies can also be bought by members and non-member from the e-shop at £25 each.

Buy copies now