Reply To: Banking Facilities

[Tanya]

Hi Jon,
If I were faced with this dilemma I would definitely reach out for support. You dont seem comfortable with it, and nor would I be. My first steps would be to review all due diligence, AML checks, and the justification from the fee earner as to where this matter sat on the risk scale initially. I would then likely consult ethics and possibly SRA with my findings plus the potential red flag, and seek for further guidance (while documenting everything). Hopefully the steps will be ‘overkill’ and you will find a plausible reason for the problems you face, but let’s face it if you were to uncover something more sinister you be glad you did. Transparency is key. I would be stepping up the due diligence now and obtaining further checks. Best of luck, for your own sake. Document everything, and do keep us posted.