The International Bar Association (‘IBA’), through its Section on Business Law, today announced the establishment of a unique resource for its members and the legal community at large with the launch of its Anti-Money Laundering Forum website: The Lawyers Guide to Legislation and Compliance at http://www.anti-moneylaundering.org.

The IBA Anti-Money Laundering Forum website provides a unique ‘one-stopshop’ for access to the most current versions of each EU member state’s antimoney laundering laws and regulations, direct links to national anti-money laundering authorities information websites and a large amount of related information. The Forum has already expanded the website to cover the 15 accession countries and is in the process of adding all significant jurisdictions around the world.

‘By offering a resource to those seeking information on anti-money laundering legislation and practices, the website provides yet another example of the IBA’s commitment to the global legal profession. In addition, we are providing an electronic forum to share practical information amongst lawyers on problems being faced in complying with anti-money laundering reporting laws’, stated Dr Fernando Peláez-Pier, Chair of the Section on Business Law.

‘Although lawyers are fully supportive of the fight against money laundering, many of them, and their clients, are struggling to cope with a myriad of new anti-money laundering rules and regulations throughout the EU and the rest of the world. This site will hopefully provide some of the answers’, says Stephen Revell, SBL Council Member and Coordinator of the Money Laundering Directive Implementation Group.