April 11 2017
A solicitor who transferred nearly £1.3m to an offshore bank account in Belize has been suspended for a year for breaches of the money laundering regulations and accounts rules. The Solicitors Disciplinary Tribunal (SDT) said that by doing so, Susan Barrington-Binns “may have, however unwittingly, effectively facilitated the movement of monies during the course of a suspected pension fraud”. The tribunal said trust in the profession was undermined “whenever a solicitor is involved in a suspicious transaction which involves the use of their client account as a bank”.