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Anti-money laundering statement

Money

Burnett & Reid LLP is fully committed to meeting our obligations under the Money Laundering and Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and the Amended Regulations 2022, the Proceeds of Crime Act 2002, the Terrorism Act 2000, for the purposes of tackling money laundering and terrorist financing.

We carry out client verification checks when we take on a new client and on an ongoing basis, as well as establishing, where appropriate to our client instructions, the source of wealth and source of funds used in transactions that we will be involved with.

We have procedures and policies in place to ensure we are compliant with the relevant legistation and our members and staff are trained in how to comply with the legislation. We may refuse to or continue to act if we have concerns.