WGS Solicitors
133 Praed Street, London
, W2 1RN
Recognised body
344440
Decision - Prosecution
Outcome: Referral to Solicitors Disciplinary Tribunal
Outcome date: 28 February 2024
Published date: 5 September 2024
Firm details
Firm or organisation at date of publication and at time of matters giving rise to outcome
Name: WGS Solicitors
Address(es): 133 Praed Street, London W2 1RN
Firm ID: 344440
Outcome details
This outcome was reached by SRA decision.
Reasons/basis
This notification relates to a Decision to prosecute before the Solicitors Disciplinary Tribunal. This is an independent Tribunal which will reach its own decision after considering all the evidence, including any evidence put forward by the Respondent(s). The Tribunal has certified that there is a case to answer in respect of allegations which are or include that :-
- Between May 2018 and August 2020, WGS Solicitors caused or allowed its client account to be used as a banking facility for a client, in circumstances other than in respect of the delivery by the firm of normal regulated services.
- Between 26 June 2017 and 17 March 2021 failed to adequately, and as required by anti-money laundering legislation, conduct a risk assessment of clients and/or matters, apply customer due diligence measures, and conduct ongoing monitoring of its business relationships, as exemplified in two separate client relationships.
The allegations are subject to a Hearing before the Solicitors Disciplinary Tribunal and are as yet unproven.