Training: Guilt by association
A raft of new legislation brought in to crack down on money laundering has made the position of solicitors who advise those involved in criminal activities increasingly perilous. And if firms fail to train their solicitors to react correctly to the risks, they too may find themselves in hot water. Jeremy Summers reports
In July 2002, Jonathan Duff became the first solicitor to be convicted for failing to disclose a knowledge or suspicion of a client who had engaged in money laundering. In a subsequent interview given to The Times, Duff commented that he might not be the last solicitor to face such a prosecution.
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