LAWYERS will be able to warn their clients that they are about to tip-off law enforcement authorities over concerns that they are handling dirty money, according to the final shape of long debated reforms to the EU money-laundering directive.

Client confidentiality will also be assured where lawyers are ascertaining the legal position of a client, or are representing him or her in legal proceedings, unless the lawyer knows that legal advice is sought for money laundering purposes.

The compromise position struck in a ...

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