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Guidance on new economic crime offence requires careful consideration - The Law Society - Today's Family Lawyer

Summary by Today's Family Lawyer
The Law Society of England and Wales has responded to the Legal Services Board’s (LSB) consultation on guidance for the new regulatory objective of ‘promoting the prevention and detection of economic crime’ under the Economic Crime and Corporate Transparency Act 2023 (‘The Act’). The Law Society emphasised that careful consideration must be made to the existing regulatory framework, the role of regulators and practitioners, and the effectiveness…
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Guidance on new economic crime offence requires careful consideration - The Law Society - Today's Family Lawyer

The Law Society of England and Wales has responded to the Legal Services Board’s (LSB) consultation on guidance for the new regulatory objective of ‘promoting the prevention and detection of economic crime’ under the Economic Crime and Corporate Transparency Act 2023 (‘The Act’). The Law Society emphasised that careful consideration must be made to the existing regulatory framework, the role of regulators and practitioners, and the effectiveness…

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Today's Family Lawyer broke the news in on Thursday, February 20, 2025.
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