In 2019, IPReg, together with CIPA and CITMA have jointly obtained advice from Leading Counsel on the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (“the Regulations”) and its application to the work of patent attorneys and trade mark attorneys.

The associated Guidance is designed to help attorneys and firms, with reference to specific real-life scenarios, understand what the Regulations are, how they may apply to professional practice and what steps attorneys and regulated firms should take in order to ensure they are in compliance.

The Guidance is provided as an assistance tool only and does not constitute legal advice.  IPReg, CIPA and CITMA encourage attorneys and firms to seek legal advice if there is any doubt as to whether the Regulations may apply to you.