The Law Society of Scotland has made changes to its Practice Rules, which should provide solicitors with more clarity on their requirements for anti-money laundering compliance and society interactions.

Effective 3 May 2019, the new rules coincide with the creation of a new Law Society anti-money laundering sub-committee, which will be responsible for prompt and proper handling of non-compliance with the new practice rules cases.

Philip Yelland, executive director of regulation at the Law Society of Scotland, said that the changes don’t place “any additional requirements on solicitors and will provide greater transp...