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Risks of Money Laundering Through Sham Litigation

Change Date : 21/01/2025    |    Word Count: 765    |    Deployment Measure : 9/10
9/10

Rationale:

This draft wording is recommended for inclusion in your policy if the firm engages in litigation work, as the SRA has highlighted litigation firms as being particularly exposed
The involvement in sham litigation poses significant risks of money laundering for law firms. All staff must remain vigilant to these risks and ensure compliance with the Proceeds of Crime …

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