Jonathan Fisher KC urges restraint in Money Laundering Enforcement

In a recent article for New Law Journal, Jonathan Fisher KC has called on regulators to exercise greater restraint when enforcing anti-money laundering (AML) rules against solicitors.

Two recent cases have highlighted the challenges of applying the AML regulatory framework, particularly around the ambiguous standards of ‘adequate’ and ‘appropriate’ measures.

With no clear prescriptive rules, solicitors are often left uncertain about compliance expectations—raising concerns over how enforcement authorities interpret and apply these terms.

In the article Jonathan argues that in the absence of clear guidelines, regulators should proceed with caution before taking action against legal professionals, ensuring that enforcement is fair and proportionate.

Jonathan is a leading King’s Counsel in Financial Crime, Proceeds of Crime, Fraud (Civil and Criminal), and Tax (Corporate and VAT) cases. Additionally, he holds a PhD from LSE where he teaches LLM students as a Visiting Professor in Practice: [Jonathan Fisher KC Profile]

Read piece here: [New Law Journal]