AML Articles and Publications

Privilege v Duty
Money laundering compliance for insurance lawyers post-Bowman v Fels. Insurance Times, Nov 2005

Bowman v Fels
Partner Sue Mawdsley was interviewed on BBC's Radio 4 in October 2005 on the issue of privilege following the Law Society's latest guidance on Bowman v Fels

Bowman v Fels: Consent rules may hit fees
Solicitors risk not being paid because of new guidance requiring them to obtain their client’s consent before they can report money laundering suspicions. Law Society Gazette, Oct 2005

Publications

SOCA Annual Plan 2010-11

SOCA UK Threat Assessment 2009-10: Assessment of the threats posed to the UK by serious organised criminals and a consideration of how these threats can develop. 

SOCA Annual Report 2009: Third annual progress report. 

Anti-money laundering compliance by the legal profession in England and Wales (Jan 2009)

Fighting Mortgage Fraud: Progress Report (National Fraud Strategic Authority, Nov 2008)

SOCA Annual Report on Suspicious Activity Reports Regime (2008)

Guidance for Legal Professionals (FATF Oct 2008)

Financial Risk Outlook (FSA 2008) Key risk areas present in the current business environment.

Financial Crime Conference (FSA 2008) Speech by FSA's Chief Executive.

Terrorist Financing Report (FATF 2008) This study examines the means used by terrorists to raise funds and the wide variety of methods used to move money within and between organisations. The adaptability and opportunism shown by terrorist organisations suggests that all the methods that exist to move money around the globe are to some extent at risk.

Safeguarding against property fraud and Identity checks (2008) Property fraud guidance from the Land Registry who say there is a growing number of cases of fraudsters transferring property ownership into their names. It has issued two new guides for the public with advice on how to avoid getting caught out.

Pricewaterhouse Coopers Anti-Money Laundering Survey (2008) finds that 82 per cent of institutions have not achieved any cost benefits from adopting a risk-based approach to compliance.

Money Laundering and Terrorist Financing through the Real Estate sector (FATF 2007) This report explores the means by which illicit money is channelled through the real-estate sector to be integrated into the legal economy.

Assessment of the implementation of anti-money laundering and counter-terrorist financing standards in the UK (FATF 2007)

An overview of the Fraud Act 2006 is contained in the following PowerPoint presentation from the Economic Crime Department of the City of London Police.

Money Laundering and Terrorist Financing Typologies (FATF 2004-5) This report studies the trends associated with money laundering, for which the data plays a key role in setting anti money laundering and terrorist financing policies.