Anti Money Laundering

Combatting financial crime and terrorist financing

Murray Beith Murray LLP is committed to fulfilling its statutory obligations under the Money Laundering Regulations 2017 (as amended), the Proceeds of Crime Act 2002, the Terrorism Act 2000 and other relevant legislation for the purposes of the prevention of financial crime, money laundering activity or the funding of terrorist or criminal activity.

We are required to undertake due diligence and verification checks at the outset of any business relationship and on an ongoing basis, including, where required, gathering and checking information about the source of funds and source of wealth in transactions in which we are involved.

Combatting tax evasion

Murray Beith Murray LLP have a zero-tolerance approach to tax evasion and the facilitation of tax evasion by any employee or representative of the firm. We are committed to compliance with the Criminal Finances Act 2017 and adhere to the principles set out in Guidance by HMRC. We maintain a culture of compliance with the Bribery Act 2010.

The firm’s Management Board oversees and approves all policies and procedures to ensure compliance with relevant legislation. These include the requirement to report to the relevant authorities, any suspicions that money or assets involved in the work undertaken, were made through criminal activity or may be used to fund terrorism. Colleagues and partners are trained in how to comply with relevant legislation, and we may refuse to act if we have concerns.

Note: Any reference to “Partners” shall be construed as “members” of the Murray Beith Murray LLP.