Money Laundering Regulations 2007
Individual employees and company directors can also be held personally liable for offences. The business’s assets could be frozen, having a huge impact on business operations and cash flow. As solicitors, we are affected by the Regulations first hand and can advise you on all aspects of this area of law, whether your business is being investigated for money laundering or whether you want to take steps to ensure your business does not fall foul of the legislation. Please contact our criminal litigation team for further advice and information.
An article in The Independent last week stated that at least 19 UK-based front companies were being investigated on suspicion of being part of Europe’s biggest …