Experts and money laundering

In recent times, the barriers between experts and members of the public have broken down. A rise in self-represented litigants and ‘direct access’ work at the Bar means that a lay person or company instructing an expert directly is becoming more common. Experts may also be sought out directly by parties wishing to mediate.

The increase in direct contact means that experts from a range of backgrounds may come across a situation where there is a source of funds or proceeds of crime concern. This in turn can raise a knotty money laundering problem which no professional wants to find themselves drawn into.

This discussion will focus on:

• an overview of the money laundering offences which apply to everyone, including all experts
• the experts that fall into the anti-money laundering regulated sector
• examples of experts meeting proceeds of crime concerns
• when and how to report a suspicion of money laundering
• privileged information and AML reporting
• good anti-money laundering practice when instructed directly by a member of the public
• is there a difference if instructed by a lawyer?

The talk will be presented by Anita Clifford (pictured), barrister at Bright Line Law, specialising in money laundering. Anita is ranked in both Legal 500 and Chambers UK for Proceeds of Crime & Asset Forfeiture work.

ACCA members can book their free place on The Academy of Experts' website.