Davidson Chalmers Stewart is fully committed to fulfilling its obligations under the Money Laundering Regulations 2007, the Proceeds of Crime Act 2002 and other relevant legislation for the purposes of combatting money laundering and terrorist financing. This means that we carry out client verification checks at client take on and subsequently and we seek to establish, where appropriate, the source of wealth and source of funds. We maintain procedures and policies relevant to this legislation and operate processes, both electronic and paper based, to ensure compliance with the relevant legislation. Davidson Chalmers Stewart staff are trained in how to comply with the legislation and we may refuse to act if we have concerns.
Keep your organisation up to date with the latest opportunities and changes in commercial law with regular insight and updates from the experts at Davidson Chalmers Stewart.