Client Due Diligence Cost

[James S]

Hi,

Does anyone know if we can pass the cost of client due diligence on to clients?

[Rob]

Hi James,

Yes you can. It was confirmed by the SRA either last year or the year before. There’s detailed information about it here.

Can I pass the costs of conducting client due diligence under the money laundering regulations on to my client?

Hope this helps

Rob

[Darren Whelan]

Hi James,

100% agree with Rob. The SRA confirmed the position in that the cost can be passed on.

Cheers

Darren

[Author]

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