Anti-Money Laundering

Pooled Client Accounts: the final answer? John Binns writes for Money Laundering Bulletin

BCL partner John Binns’s article has been published by Money Laundering Bulletin, discussing to what extent a business in the regulated sector, that provides a pooled client account (PCA) for a customer, has to do customer due diligence on its customer’s customers to address money-laundering and terrorist-financing risks.

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‘Russian elite and criminal money fully integrated in UK, Parliament committee finds’ – Money Laundering Bulletin

BCL partner, John Binns was interviewed by Money Laundering Bulletin for their latest article ‘Russian elite and criminal money fully integrated in UK, Parliament committee finds’.

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london corporates legal advice

The new ‘Economic Crime’ levy: What it means for your business.

The government announced in its latest budget plans to introduce a new £100m levy on companies to fight economic crimes. The money garnered from companies could be used to boost public financing of law enforcement technology and in hiring more prosecutors and investigators. The new levy has the potential to affect big corporates, banks, investment firms, accounting firms, estate agents, independent legal advisors, casinos, trust service providers and any financial institution subject to UK Money Laundering Regulations.

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