Law Society-v-James William Craig
Interlocutor
Edinburgh 25 February 2014. The Tribunal having considered the amended Complaint at the instance of the Council of the Law Society of Scotland against James William Craig, 270 Dumbarton Road, Partick, Glasgow; Find the Respondent guilty of Professional Misconduct in respect of his failure to comply with the terms of the Accounts Rules insofar as they relate to the Money Laundering Regulations and in particular Rule 24, his failure to comply with Regulations 5 and 14 of the Money Laundering Regulations 2007 and his failure to comply with Part 7 of the Proceeds of Crime Act 2002 in particular Section 330; Censure the Respondent; Fine him in the sum of £2,500 to be forfeit to Her Majesty; Find the Respondent liable in the expenses of the Complainers and of the Tribunal including expenses of the Clerk, chargeable on a time and line basis as the same may be taxed by the Auditor of the Court of Session on an agent and client, client paying basis in terms of Chapter Three of the last published Law Society’s Table of Fees for general business with a unit rate of £14.00; and Direct that publicity will be given to this decision and that this publicity should include the name of the Respondent and may but has no need to include the names of anyone other than the Respondent.
Malcolm McPherson
Vice Chairman