28 Mar

AML updated guidance

On the 28 March 2023 the Legal Sector Affinity Group (LSAG) published the latest changes to its Treasury-approved guidance on preventing #moneylaundering in the legal sector.

The changes include:

·        Guidance on the new requirement to carry out proliferation financing risk assessments.
·        Changes to the duty to report discrepancies to company registries.

Details of the changes and compliance guidance can be found on our Guidance and Sectoral Risk Assessments web page.