Representation of firm of accountants in relation to a police investigation into a former client for money laundering and terrorist financing
Tuesday 10 November, 2015
Peters & Peters advised a firm of accountants on its response to a production order sought by the police in the course of an investigation into money laundering and terrorist financing. The police investigation arose out of an HMRC investigation into one of the accountancy firm’s clients, concerning allegations of tax evasion. Peters & Peters advised on client engagement and identification procedures, in addition to compliance with the production order, which involved complex issues of litigation privilege due to the existing tax investigation.