What to do with a frozen bank account?

Ian Ryan Partner - Business Crime and Regulatory TwitterLinkedIn Suspicious Activity Reports (SARS) may be familiar to solicitors (although not as familiar as the National Crime Agency (NCA) would like according to Donald Troon), but they mean nothing to the average...

It’s privileged innit!

Ian Ryan Partner - Business Crime and Regulatory TwitterLinkedIn One of the questions I get asked most often as a member of the Law Society’s Anti Money Laundering (AML) Register is how solicitors should deal with privileged material when the police turn up with a...

European Directive on Money Laundering 2015

Tim Kendal Barrister LinkedIn EU member states will have two years to implement the new Anti-money Laundering directive that came into force on the 26th June 2015. The directive will apply to a number of businesses, including auditors, accountants, banks and other...

What’s the point of a SAR?

Ian Ryan Partner - Business Crime and Regulatory TwitterLinkedIn A close look at the Annual Suspicious Activity Report (SAR) for 2013/2014 reveals some interesting statistics. Of the 354,186 SARs submitted 82.18% were from the banking sector, 19.67% were from the...