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Jonathan Fisher QC writes article in Money Laundering Bulletin – ‘Professional Fees & the Money Laundering Offences’

Jonathan Fisher QC has written an article entitled, ‘Holt v Attorney General - Professional Fees and the Money Laundering offences’. The article was published in this months’ (April) edition of the Money Laundering Bulletin.

In this article, Jonathan explores the Money Laundering case involving Isle of Man lawyer Jenny Dee Holt. The piece reiterates the importance to lawyers and professionals to act with caution when it comes to the lawfulness of a clients’ conduct.

Jonathan states:

‘It is one thing to passively receive tainted funds in circumstances where adequate consideration has been rendered; it is something else to actively assist a client in raising monies to enable professional fees to be paid. Ms Holt crossed this line, and although she was ultimately acquitted it is clear that she paid a heavy price.’

Read the full PDF version of the article here.

Jonathan Fisher QC is ranked as one of the UK’s leading barristers in the areas of proceeds of crime, banking and financial services regulation and is noted by the Legal Directories as having great experience in cases involving money laundering. Jonathan can be contacted to discuss any of the issues raised in the article at fisher@devchambers.co.uk

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The views expressed in this article represent those of the author and not Bright Line Law.

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