Charles Douglas Solicitors fined £23,588 in UK for inadequate PEP due diligence

Mayfair, London, UK-based law firm Charles Douglas Solicitors LLP has been ordered to pay UK£23,588 (US$31,023) and UK£1,350 (US$1,776) costs by the Solicitors Regulation Authority (SRA) for failings in customer due diligence on a non-domestic politically exposed person (PEP) it acted for in residential property matters.

Mayfair, London, UK-based law firm Charles Douglas Solicitors LLP has been ordered to pay UK£23,588 (US$31,023) and UK£1,350 (US$1,776) costs by the Solicitors Regulation Authority (SRA) for failings in customer due diligence on a non-domestic politically exposed person (PEP) it acted for in residential property matters.