Chat with Stephen Larcombe

'Talk to the Lawyers'

In this Conveyancing Matters chat, Lorraine and Stu talk to Stephen Larcombe, solicitor, who was instrumental in setting up the Property Lawyers Alliance (PLA)

Stephen talks about the PLA's current campaign lobbying government against the crippling burden of Anti Money Laundering (AML) regulation imposed on property firms; pointing out that there are about 1500 pages of AML regulations and documents 

Stephen says 'It has almost become masochistic. The key point is that there are virtually zero cases enforced by the SRA for actual money laundering by solicitors'

Few property lawyers can argue with one of Stephen's key points - that regulators, government and anyone wanting to make change to the conveyancing process should consult the people who know what they are doing - 'talk to the lawyers'

What is your view? Has the AML burden on property lawyers become too much?