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dc.contributor.authorHamman, A J
dc.contributor.authorKoen, R A
dc.date.accessioned2013-01-31T07:31:37Z
dc.date.available2013-01-31T07:31:37Z
dc.date.issued2012
dc.identifier.citationHamman, A.J. & Koen, R.A. 2012. Cave pecuniam: lawyers as launderers. Potchefstroom electronic law journal (PELJ) = Potchefstroomse elektroniese regsblad (PER), 15(5):69-100 [http://www.nwu.ac.za/p-per/index.html]en_US
dc.identifier.issn1727-3781
dc.identifier.urihttp://hdl.handle.net/10394/8013
dc.description.abstractThe attorney’s trust account is an enticing prospect for criminals seeking ways to launder money acquired illegally, and the attorney whose trust account is abused in this way stands to be branded and punished as a money launderer. The overall aim of the article is to identify the dangers which money launderers pose to attorneys and to highlight the need for vigilance in the face of these dangers. It analyses the antimoney laundering reporting obligations imposed on attorneys by the Financial Intelligence Centre Act and considers impact of these obligations upon the attorneyclient relationship. Some of the ways in which a law practice may become implicated in the placement, layering and integration stages of the money laundering process are discussed, and cases which deal with attorneys’ involvement in money laundering schemes are presented.en_US
dc.language.isoenen_US
dc.subjectTrust accounten_US
dc.subjectAttorneysen_US
dc.subjectMoney launderingen_US
dc.subjectFICAen_US
dc.subjectConfidentialityen_US
dc.subjectLegal professional privilegeen_US
dc.subjectReporting obligationsen_US
dc.subjectCash thresholden_US
dc.subjectSuspicious transactionen_US
dc.subjectTipping offen_US
dc.titleCave pecuniam: lawyers as launderersen_US
dc.typeArticleen_US


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