Private Client

Regulators are placing increasing focus on source of funds and source of wealth, with recent reviews identifying weaknesses in the way firms investigate and evidence where money has come from. For solicitors, the difficulty is often knowing how far enquiries need to go when the information provided does not quite add up.

Gifts, overseas money, third-party funds, unexplained wealth and unusual transactions can all require further investigation. This seminar will look at the practical questions solicitors face when establishing source of funds and source of wealth, and what to do when concerns arise.

The seminar will consider: