The art of money laundering undermines the confidence and indeed the intergrity of financial systems of nations and this impacts negatively on the proper running of systems. Money laundering has been known to strengthen transnational and organized crimes and this affects national and global economies and social wellbeing of citizens. Many social cost like drug trafficking, smuggling and many more are associated to money laundering.

Money laundering and the issue of cross boarder terrorism financing have been on the increase globally and this has constituted a major challenge and concern to the international community, as well as regional and national governments. And as such, there has been various anti money laundering legislation and regulations to tackle the menace. Our team of lawyers are very familiar with anti-money laundering laws and regulation in Nigeria and those of the UK Bribery Act, and US Foreign Corrupt Practices Act (“FCPA”) and other conventions. We provide anti-money laundering advisories services and draft policies and procedures to various clients in all sectors of the economy to ensure they remain compliant with the law and thereby avert liability. We have collaborated with financial crime agencies to organize trainings and corruption perception assessments programs. We assist clients to draft anti-money laundering compliance manuals etc.

Our team of lawyers are conversant with global anti-corruption frameworks like the UN Convention Against Corruption and the OECD Anti-bribery Convention, and have regularly assisted clients in the management of various legal, commercial and reputational risks associated with regulatory and financial crimes. Beyond the recovery of proceeds of fraud through civil actions in court, we cover and advise clients on areas such as business and human rights, antitrust related transactions, insider trading, frauds and market manipulation.

In line with the Money Laundering (Prevention and Prohibition) Act 2022 Edward & William Law Firm have through collaborative activities have training for businesses to guide on compliance related issues. We advisories to financial and designated non-financial businesses and professions. We have designed a strategy to work with the Special Control Units Against Money Laundering (SCUML) to ensure full implementation of the Act.