News / General

More Bureaucratic Oppression

By Michael Sheridan

More Bureaucratic Oppression

AML Registration at Law.Soc.

It was easy enough, after a few days of interrupting our usual hectic business schedule, to obtain Disclosure Scotland documents for each of the partners in this firm. However, getting together over the Law Society Registration process took another few days and then pinned us down for longer than we anticipated. Eventually, however, we got the job done and, hopefully, that is the name of our firm removed from the “Current Outstanding List” currently held by the Law Society.

My recommendation to all members is to get the job done, just as quickly as possible. We should then re-group at a later date to find out whether anything can be done about the current storm of bureaucratic oppression which threatens to destroy our business viability.

In order to take on this process you should click on this link https://www.lawscot.org.uk/members/business-support/financial-compliance/anti-money-laundering/new-aml-registration-requirements-frequently-asked-questions/

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One of the reasons I gave up running my own firm - compliance for small practice units is overwhelming



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