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money laundering advice

New AML Guidance

23 April, 2025

The Legal Sector Affinity Group (LSAG), which is comprised of all of the AML regulators in the UK including the CLC, the SRA and the Law Society of Scotland, has today released updated guidance for the legal sector. This guidance is HM Treasury approved, and we encourage CLC practices to review the changes (which are [Read more]

AML: New Intelligence and a Note of Caution

23 April, 2025

The CLC has received some intelligence that fraud and/or money laundering operations that were operating in Liverpool and Manchester prior to 2018 may be active again. A hallmark of these operations is the use of “vendor gifted deposits”. Such deposits can take a few forms, but they may be comprised of “loans” on completion from [Read more]