FIAU Interpretative Note: Relevant Activity for Lawyers


The FIAU has published an AML/CFT related guidance document entitled Interpretative Note: Relevant Activity for Lawyers. The purpose of this guidance document is to assist independent legal professionals to meet their obligations under the PMLFTR and FIAU Implementing Procedures by explaining when a legal professional is deemed to be a subject person, and by providing an interpretation of the term ‘relevant activity’, as applicable to lawyers. This guidance note has been drafted in conjunction with the Chamber of Advocates and forms part of a broader set of guidance on the implementation of lawyers’ AML/CFT obligations. Click here to view this document.