dc.contributor.author | Hamman, A J | |
dc.contributor.author | Koen, R A | |
dc.date.accessioned | 2013-01-31T07:31:37Z | |
dc.date.available | 2013-01-31T07:31:37Z | |
dc.date.issued | 2012 | |
dc.identifier.citation | Hamman, 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.issn | 1727-3781 | |
dc.identifier.uri | http://hdl.handle.net/10394/8013 | |
dc.description.abstract | The 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.iso | en | en_US |
dc.subject | Trust account | en_US |
dc.subject | Attorneys | en_US |
dc.subject | Money laundering | en_US |
dc.subject | FICA | en_US |
dc.subject | Confidentiality | en_US |
dc.subject | Legal professional privilege | en_US |
dc.subject | Reporting obligations | en_US |
dc.subject | Cash threshold | en_US |
dc.subject | Suspicious transaction | en_US |
dc.subject | Tipping off | en_US |
dc.title | Cave pecuniam: lawyers as launderers | en_US |
dc.type | Article | en_US |