Report comment

Please fill in the form to report an unsuitable comment. Please state which comment is of concern and why. It will be sent to our moderator for review.

Comment

Firms need to have anti-money laundering procedures in place because they are a legal requirement.

It is surely the SRA's role to ensure regulated firms have appropriate procedures in place, not to simply inform the profession what FATF's intentions might be. Perhaps Mr Philip should account for why there is a need to "prepare the sector"? It doesn't suggest an effective regulator.

Your details

Cancel