Anti-Money Laundering Compliance and the Legal Profession

This book explores the compliance perspective within the legal sector, using a qualitative methodology and drawing upon responses from a hard-to-access section of the legal profession. It also provides international comparisons throughout.

Format: Paperback / softback
Length: 264 pages
Publication date: 01 August 2022
Publisher: Taylor & Francis Ltd

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Expands the field by approaching the issue using a qualitative methodology.

Presents a compliance perspective within the legal sector.

Draws upon responses from a section of the legal profession that can be extremely hard to access for research purposes.

Provides international comparisons throughout.

The study employs a qualitative methodology to explore the complex issue of legal compliance within the legal sector. It offers a comprehensive analysis of the various perspectives and challenges faced by legal professionals in ensuring adherence to legal regulations and standards.

The research begins by examining the historical background and evolution of legal compliance in the legal sector. It identifies the factors that have contributed to the development of compliance programs and the role they play in promoting ethical and responsible practices.

The study then delves into the compliance perspective within the legal sector. It explores the role of legal professionals in ensuring compliance with legal regulations and standards, as well as the challenges they face in doing so. It examines the various strategies and tools used by legal professionals to promote compliance, such as training programs, policies, and procedures.

In addition to the compliance perspective, the study also presents a comprehensive analysis of the legal sector's regulatory environment. It identifies the key regulatory bodies and agencies responsible for overseeing legal compliance, as well as the policies and regulations they have established. The study also examines the impact of these regulations on legal professionals and the organizations they work for.

To gather data for the study, a section of the legal profession was selected that can be extremely hard to access for research purposes. This section includes legal professionals from a range of practice areas, including corporate law, criminal law, and intellectual property law. The researchers conducted in-depth interviews with these legal professionals to gain a deeper understanding of their experiences and perspectives on legal compliance.

The study also provides international comparisons throughout. It compares the legal compliance landscape in different countries and regions, highlighting the similarities and differences in regulatory frameworks and practices. The study also examines the challenges and opportunities presented by globalization and the increasing interconnectedness of the legal sector.

Overall, the study offers a valuable contribution to the field of legal compliance. It provides a comprehensive analysis of the various perspectives and challenges faced by legal professionals in ensuring adherence to legal regulations and standards. The study also presents a valuable insight into the legal sector's regulatory environment and the impact of globalization on legal compliance. The findings of the study can be used by legal professionals, policymakers, and researchers to develop strategies and policies that promote legal compliance and ethical practices in the legal sector.

Weight: 530g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032148717