Money Laundering Regulations: What is a ‘transaction’?

Money Laundering Regulations: What is a ‘transaction’? In its 2023 model client and matter risk assessment the SRA has included the following question: “Is the matter transactional? Yes ☐ No ☐If no, does the transaction arrange for the movement of funds or assets? Yes ☐ No ☐ “ This prompted a client to ask us […]