Category: News (for notaries)

Money Laundering Regulations – Update

On 14 December 2023, statutory instrument 2023 No. 1371 (SI 2023/1371) known as the Money Laundering and Terrorist Financing (Amendment) Regulations 2023 (the SI) – was released, along with an explanatory memorandum. The SI modifies the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the MLRs) to clarify distinctions between domestic and non-domestic politically […]

Supervision of Conveyancing and Probate – Call for Evidence

The Faculty Office have published a paper, reviewing the Post-Qualifications Environment seeking your views. A copy of the paper and accompanying report can be downloaded from the links below: Please respond in writing by 5pm on Tuesday, 30 April 2024 by post to the Faculty Office, 1 The Sanctuary, Westminster, SW1P 3JT or by email […]

Israel and the Occupied Palestinian Territories Humanitarian Activity General Licence issued

The Office of Financial Sanctions Implementation (OFSI) has the power to issue General Licences for country and thematic sanctions regimes under the Sanctions and Anti-Money Laundering Act 2018. On 14 November 2023 (followed by amendments on 20 December 2023), OFSI issued a General License (General Licence INT/2023/3749168) to facilitate the delivery of humanitarian assistance to […]

Money Laundering and Terrorist Financing (High-Risk Countries) (Amendment) Regulations 2024

On, 22 January 2024 the HM Treasury (HMT) issued Guidance on the changes to The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (the MLRs), amending the definition of High Risk Third Countries (HRTC). The changes are as follows: Schedule 3ZA is repealed. High risk third countries (HRTCs) will now […]

The Pros and Cons of AI and Technology in Notarial Practice – Lecture – 07 March 2024

The Master of Faculties invites you to a special lecture on AI and Technology in notarial practice, delivered by Robert Bond, Deputy Vice President of the Notaries Society and a Chartered IT Professional Robert is also a UK Solicitor and a Notary Public and for over 40 years has specialised in laws and regulations relating […]

Diversity in the Notarial Profession 2023

Triennially the Faculty Office collates and reviews the diversity data provided by Notaries during the practicing certificate renewal process. This information is used to identify trend and patterns as well as inform the work of the Faculty in improving diversity in the notarial sector. The collation of diversity data assists in identifying what progress has […]