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27 January, 2025
We publish guidance to help our regulated community to comply with our overarching Code of Conduct and subsidiary (topic-specific) Codes, and to meet their legal obligations. Compliance with guidance is strongly recommended but is not mandatory. Accounts Guidance Aged Balances Guidance Purpose of this Guidance This guidance aims to help the regulated community resolve the [Read more]
20 January, 2025
Acting for Lenders and Prevention and Detection of Mortgage Fraud Code & Guidance To view the printable PDF version, please click here. This Code must be read with the Code of Conduct. The Code of Conduct is the parent document of the CLC Handbook and Frameworks; it sits above all other Codes in our regulatory arrangements. [Read more]
20 January, 2025
Anti-Money Laundering & Combating Terrorist Financing Code To view the printable PDF version, please click here. This Code must be read with the Code of Conduct. The Code of Conduct is the parent document of the CLC Handbook and Frameworks; it sits above all other Codes in our regulatory arrangements. The Code of Conduct prescribes [Read more]
16 August, 2020
CLC Anti-Money Laundering Code CLC Anti-Money Laundering GuidanceAdvice Money Laundering Risks: the Sheikh Hasina government of Bangladesh Legal Sector 5MLD Guidance Legal sector AML Guidance (updated 23 April 2025) Source of Funds and Source of Wealth: Compliance Note June 2024 Transfer of Funds from China (issued 8 March 2023) CLC ID & V Guidance Note [Read more]
26 July, 2018
Thank you to the many of you who attended one of our compliance roadshows. We have had very positive feedback and those of you who were at one of the events let us know you find them of value. We had useful discussions on a range of key issues and material in this newsletter follows [Read more]
13 July, 2018
The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLR 2017) came into force on 26 June 2017, replacing the Money Laundering Regulations 2007. Our guidance on the changes can be found here. The CLC supervises those it regulates for compliance with money laundering legislation. To comply with your [Read more]
6 July, 2018
The Court of Appeal judgment in the P&P and Dreamvar cases raised concerns about fraud in conveyancing transactions. This is a reminder of the things you may want to consider to help identify and prevent a fraudulent transaction from taking place: You should carry out appropriate client due diligence (CDD) and Know Your Client (KYC) [Read more]
21 December, 2017
We publish guidance to help our regulated community to comply with our overarching Code of Conduct and subsidiary (topic-specific) Codes, and to meet their legal obligations. Compliance with guidance is strongly recommended but is not mandatory. Print Download Pdf Accounts Guidance Aged Balances Guidance (Version 1.0 – effective from 1 January 2025) Purpose of this [Read more]
5 January, 2015
Overview In December 2014, the CLC made 3 Exemption Direction applications to the Legal Services Board, related to a range of technical and minor drafting alterations to the CLC Handbook and associated documents: CLC Anti-Money Laundering and Combating Terrorist Financing Code additions – safeguards duplicated from Mortgage Fraud Code Changes to timeframes of First Tier Tribunal [Read more]