Скачать или смотреть WGS Solicitors Fined for Money Laundering Breaches

A law firm, WGS Solicitors, and one of its partners, Bridget Catherine Miller, have been penalised by the Solicitors Disciplinary Tribunal (SDT) for breaches of anti-money laundering regulations. The firm admitted to failures, including improper handling of client funds and inadequate customer due diligence between 2017 and 2021. WGS Solicitors received a fine of £25,258, while Miller was fined £3,500. The SDT found that Miller, as the solicitor responsible for certain client matters, should have ensured necessary customer due diligence was conducted. Mitigating circumstances were considered, with the firm citing a failure to fully grasp the extent of the 2017 Money Laundering Regulations. The Law Gazette reported on the ruling, detailing the specifics of the charges and the resulting penalties, alongside other legal news and resources.