Turcan Connell is fully committed to fulfilling its obligations under the Money Laundering Regulations 2007, the Proceeds of Crime Act 2002 and other relevant legislation for the purposes of combatting money laundering and terrorist financing. This means that we carry out client verification checks at client take on and subsequently and we seek to establish, where appropriate, the source of wealth and source of funds. We maintain procedures and policies relevant to this legislation and operate processes, both electronic and paper based, to ensure compliance with the relevant legislation. Turcan Connell staff are trained in how to comply with the legislation and we may refuse to act if we have concerns.
Criminal Finances Act 2017
Turcan Connell has in place policies to ensure that it fosters and maintains a culture of compliance with the Criminal Finances Act 2017. We adhere to the principles set out in Guidance set out by HMRC. In accordance with those principles we have adopted a zero tolerance approach towards the criminal facilitation of tax evasion. Our preventative measure and procedures have been approved by the whole partnership and endorsed by it.