Kennedy Talbot QC delivers a money laundering presentation to The Investment Association
To an audience of financial crime compliance professionals and in-house lawyers Kennedy Talbot QC, Adrian Hood (Board member of the JMLSG and the financial crime lead for the Investment Association) and Steve Smith (Corporate Crime and Investigations Partner at Eversheds Sutherland LLP) discussed recent developments in money laundering law and practice. The session covered a number of areas including finding solutions to challenges in cross border cannabis investment and observations on developments in the NCA approach to dealing with requests for a defence against money laundering.
The lively question and answer session that followed demonstrated that the current approach of the government and authorities on these issues is causing continuing concern to UK Investment Managers.