Combatting financial crime and terrorist financing
Murray Beith Murray is committed to meeting its statutory obligations under the Money Laundering Regulations 2007, the Proceeds of Crime Act 2002, the Terrorism Act 2000 and other relevant legislation for the purposes of combatting money laundering and terrorist financing. This means that we carry out client verification checks at the stage of take on, and on an ongoing basis, and seek to establish, where appropriate, the source of wealth and source of funds used in transactions in which we are involved.
Combatting tax evasion
We also have in place policies to promote and maintain a culture of compliance with the Criminal Finances Act 2017. We adhere to the principles set out in Guidance set out by HMRC and have a zero tolerance approach to the facilitation of tax evasion by any employee or representative of the firm.
The firm’s Management Board oversees and approves all policies and procedures to ensure compliance with relevant legislation. Staff and Partners are trained in how to comply with the legislation and we may refuse to act if we have concerns.