Druces LLP is a limited liability partnership incorporated in England and Wales with registered number: OC332179, authorised and regulated by the Solicitors Regulation Authority. A list of members is open for inspection at the registered office. Druces LLP is a member of the international network, Alliance of Business Lawyers. Our VAT number is GB243 4391 71.
The material contained in the Druces’ website is provided for general purposes only and does not constitute legal or other professional advice. Nothing on this website constitutes a binding offer to perform any legal service in any jurisdiction. Although we endeavour to ensure that the content of this website is accurate and up to date, users should seek appropriate legal advice before taking or refraining from any action. With respect to the information available on this website, Druces expressly excludes any representation or warranty (express or implied) to the fullest extent possible. Druces makes no representations about the materials in this website or any website linked to it and does not accept any liability for any loss that may arise from reliance on any such information. Any legal action or proceedings arising between you and Druces in relation to this website shall be governed by English law and you submit to the exclusive jurisdiction of the English courts.
You may not link to this website without the express permission of Druces LLP.
The Financial Services & Markets Act 2000
Druces LLP is not authorised under the Financial Services & Markets Act 2000. We may provide only services related to investments provided that such services are incidental to or a necessary part of the professional services that we provide.
Any link from this website to another website is for your reference only. Druces is not responsible for the data or privacy policies of any websites to which it is linked. The proprietary rights in our website and the information on it belong to Druces unless otherwise stated.
Terms of Business
(a) If you have a concern about any aspect of our service it should be raised immediately with the partner dealing with your matter or in writing to our Complaints Partner.
(b) We have a written procedure in place which details how we handle formal complaints, which is available on request. If for any reason you are not satisfied with our handling of your complaint you can ask the Legal Ombudsman to consider the issue by writing to The Legal Ombudsman, P O Box 6806, Wolverhampton, WV1 9WJ; or by email to firstname.lastname@example.org; or by telephoning 0300 555 0333. The Legal Ombudsman may refer your complaint to the Solicitors Regulation Authority if it is not the correct body to conduct the investigation, for example, if you are a business or if your complaint falls outside the type of complaint dealt with by it. For more information, please visit http://www.legalombudsman.org.uk/. Please note that if you apply to the Court for an assessment of our costs under the Solicitors’ Act 1974, you will not also be entitled to make a complaint to the Legal Ombudsman.
(c) Any complaint will be investigated further if necessary and remedied promptly, if possible. You have the right to take independent advice from another solicitor in any case where you have, or may have, a complaint against us.
(d) Consumers who engage our services by electronic means may also be entitled to use the EU’s online dispute resolution portal to assist resolve any disputes that they may have with us.
Money Laundering Regulations 2007
In order to enable us to satisfy our obligations under these Regulations and related legislation, it will almost always be necessary for us to carry out due diligence with regard to your identity and any transaction we are instructed on before we are able to act or continue to act for you or for any party whom you may represent. We may ask you to supply appropriate proof of identity and to confirm to us the source of any funds you propose to use for the purposes of any transaction we are instructed on. We will also not be able to receive any funds from, or pay any funds to, you or on your behalf unless these procedures have been satisfied for the purposes of the Regulations.
In the light of the Regulations and for insurance reasons we do not normally accept cash payments from or on behalf of clients and then only in special circumstances and for limited amounts.
We may use electronic identification service providers to confirm your identity, and that of any beneficial owners.
For individuals and unincorporated partnerships, proof of identity will usually be a current valid passport, driving licence, recognised identity card or equivalent showing your name, date of birth and photograph, together with a current utility bill or equivalent confirming your address.
For companies and limited liability partnerships we will usually require a copy certificate of incorporation. We may ask for personal identification as above in respect of some or all of the body’s officers. In the case of a company incorporated overseas, we may ask for a certificate from lawyers qualified in the relevant jurisdiction to the effect that the company is properly incorporated, together with evidence of the company’s directors and of the authority and identity of the persons instructing us.
For other clients, e.g. trusts, estates, charities and unincorporated associations, we will advise you of the documents needed for proof of identity.
We will also need to check whether you may be a “politically exposed person” as defined in the Regulations, or a family member or close associate of such a person.
For all clients other than individuals, we will also need to establish the identity of the beneficial owner(s) of the client. This is likely to mean that we have to ask for additional documentation such as the documents which evidence ownership and control of the client.
We understand that the operation of these Regulations may be a cause for concern, but we ask for your understanding and cooperation in assisting us to comply with our legal obligations.
Proceeds of Crime Act 2002 and Terrorism Act 2000
We are prohibited by this legislation from acting for or advising a client in relation to terrorist financing, or the acquisition, retention, use or control of the proceeds of any crime or any attempt to conceal, disguise, convert or transfer any criminal property or to remove it from the jurisdiction, or from being involved in arrangements relating to such activities. The proceeds of crime and criminal property are widely defined for these purposes to include any activity (including tax evasion) carried on anywhere which would be illegal if carried on in the UK.
We have a legal obligation to report to the National Crime Agency any person, including a client, suspected of involvement in activity covered by this legislation. As a result we reserve the right to make all disclosures to relevant authorities as required by law, without notice to you, and if appropriate to cease acting for you without giving any specific reason.
These obligations override our normal duty of confidentiality to you. We will not accept any liability for any loss or damage that you or any third party may suffer or incur on any account for any action taken, or not taken, by us in good faith with a view to complying with this or any related legislation.
We may also require confirmation from you of the source of any funds, in particular any remitted from overseas, and whether all necessary tax has been paid and all necessary returns made in relation to any overseas funds. We reserve the right to require further information and supporting documentation as appropriate.
In order to minimise the risk of disruption to the completion of any transaction which we are to complete on your behalf, which involves the provision to us of funds by you, we ask that you let us have cleared funds no later than seven working days before the date set for completion. If this is not possible in any case please discuss the position with us as soon as possible.
If you have any questions regarding regulatory issues please contact our Compliance Officer for Legal Practice, Julian Johnstone at Druces LLP, Salisbury House, London Wall, London EC2M 5PS or by emailing us at email@example.com.