Money Laundering I.D. Form

Anti Money Laundering Controls

Under the provisions of the Proceeds of Crime Act 2002 all solicitors are under a duty to report suspicious transactions to the National Criminal Intelligence Service.  Failure to do so will result in the Solicitor committing a criminal offence, punishable with imprisonment.

If a report is made in a transaction, it must be made confidentially and you cannot be informed as this is also a criminal offence punishable with imprisonment (“tipping off”).

We appreciate that the majority of our clients are honest and will be happy to assist us in complying with the new legislation.

A.      Identification

It is a requirement that we identify all the firm’s clients and that we retain those identification records for inspection.  Accordingly, a Client Identification Form which we require you to complete and return, preferably with the original identification documents (for copying and return) will be sent.  If this is not possible or practical then please attach copies on the basis that you will produce the originals when you personally call at these offices at some time during the course of the transaction.

B.   Cash

We will not under any circumstances be able to accept cash exceeding £2,000.

C.      Payments/Receipts

Normally we can only accept monies from you i.e. not from a third party.  In addition, if there are excess funds to be sent to you at completion we can only send those monies to you, not a third party.