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Bright Line Law News

Latest news & updates from Bright Line Law.

Preparing a Firm’s Risk Assessment and the Independent Audit Function

Jonathan Fisher QC discusses the changes to risk assessment and the introduction of the independent audit function effected by the new Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)  Regulations 2017. Money laundering reporting officers and nominated officers operating within the regulated sector will need to...
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Reach of Money Laundering Regulations 2017

Public consultation on the proposed new draft Money Laundering Regulations 2017 (“MLR 2017”) closed on 12 April 2017.  The government must now move swiftly with any amendments if it is to achieve compliance with the deadline of 26 June 2017 for the transposition of the EU Fourth Money Laundering...
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Jonathan Fisher writes in The Times Online

Jonathan Fisher QC has written an article published in The Times Online today entitled, “It’s time to tackle the money launderer’s vehicle of choice” . Jonathan discusses the upcoming publication of the new draft money laundering regulations and what the government should do to reduce the abuse of discretionary trusts...
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An insight into tax evasion, money laundering and the Albanian black economy

Albania BLL
Albania BLL2
On 21 and 22 November 2016, Jonathan Fisher QC, Lead Counsel, and Anita Clifford, Senior Associate, of The White Collar Crime Centre collaborated with the International Senior Lawyers’ Project (“ISLP”) to offer consultancy and training on tax evasion and money laundering issues to judges and prosecutors at the Albanian...
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Submission to HM Treasury on 4MLD

In a letter to the UK Government, Bright Line Law’s Jonathan Fisher QC recently offered solutions to legal issues arising from the transposition of the Fourth Money Laundering Directive (4MLD). responded to two questions in HM Treasury’s  consultation concerning developing a central register of trust beneficial ownership. In his...
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The White Collar Centre