header-logo header-logo

Home Login E-newsletter About us

Register of Overseas Entities: time to exercise extreme caution?

© Copyright LexisNexis 2024. All Rights Reserved.
05 August 2022
Issue: 7990 / Categories: Legal News
printer mail-detail
Solicitors have been warned to exercise ‘extreme caution’, following the launch of the Register of Overseas Entities (ROE) this week
Failure to correctly navigate the ROE verification procedure could put solicitors at risk of criminal prosecution and liability for professional negligence. Law Society guidance on the new regime can be found here. Law Society president I Stephanie Boyce said: ‘There is a real risk that members may mistakenly interpret what is required for verification under the ROE as being identical to what is required for anti-money laundering compliance client due diligence (CDD). It is not.’
Issue: 7990 / Categories: Legal News
printer mail-details

MOVERS & SHAKERS

Read All
Sponsored by
Logo
NLJ career profile: Liz McGrath KC

NLJ career profile: Liz McGrath KC

A good book, a glass of chilled Albarino, and being creative for pleasure help Liz McGrath balance the rigours of complex bundles and being Head of Chambers

Burges Salmon—Matthew Hancock-Jones

Burges Salmon—Matthew Hancock-Jones

Firm welcomes director in its financial services financial regulatory team

Gateley Legal—Sam Meiklejohn

Gateley Legal—Sam Meiklejohn

Partner appointment in firm’s equity capital markets team

NEWS
Read All
Walk the Thames to provide a legal support lifeline

Walkers and runners will take in some of London’s finest views at the 16th annual charity event

New partnership to help those navigating court alone

Law school partners with charity to give free assistance to litigants in need

NLJ this week: Government for a crypto-fuelled, UK fintech-leading future?

Could the Labour government usher in a new era for digital assets, ask Keith Oliver, head of international, and Amalia Neenan FitzGerald, associate, Peters & Peters, in this week’s NLJ

NLJ this week: Costs, experts, judgecraft

An extra bit is being added to case citations to show the pecking order of the judges concerned. Former district judge Stephen Gold has the details, in his ‘Civil way’ column in this week’s NLJ

NLJ this week: Will the Labour government reform ADR?

The Labour government’s position on alternative dispute resolution (ADR) is not yet clear

Copyright © 2024 LexisNexis
back-to-top-scroll