Ex-Mishcon partner fined UK£17,500 over poor CDD, use of client account as banking facility

Michael Nouril, a former partner with London law firm Mishcon de Reya, will pay a UK£17,500 penalty, plus investigation costs of UK£3,500, after the Solicitors Regulation Authority (SRA) found breaches of anti-money laundering rules around work he did for two clients between September 2015 and April 2017. [1]