LAWYERS FIGHT BACK OVER MONEY LAUNDERING OBLIGATIONS
November 3rd, 2013
LEADING law associations worldwide are joining forces to publish in-depth case studies of how lawyers and other legal professionals become unwittingly enmeshed in money laundering by clients.The Money Laundering Bulletin has learned that the London-based International Bar Association (IBA) is to produce such a report amid disgruntlement over a June 2013 study in which the Financial Action Task Force (FATF) published typologies of money laundering methods in which lawyers were involved.Law associations cooperated with the FATF study but were disappointed when it ...
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