Fraud: Who is on the hook?

Should a vendor’s solicitor be under the same scrutiny as those representing the purchaser? Mary Young and Ben Hillman discuss ‘The Law Society Property and Registration Fraud Practice Note asserts the need for caution, as criminals will always attempt to exploit weaknesses in lending and conveyancing systems.’ Victims of identity theft or modern scams frequently …
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Trusts: Consequences of non-compliance

Paul Marshall discusses a case which explores relief from liability for breach of trust under the Trustee Act 1925 ‘Where a vendor’s solicitor has not complied with the requirements of the AML Regulations it will be difficult to escape strict liability for the consequences of breach of trust where their client is a fraudster, however …
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