Abstract
The article critically analyses the provisions of Art. 7.1 of Federal Law No. 115-FZ “On Combating the Legalisation (Laundering) of Income...”, which oblige a number of persons, including advocates, to identify their client and monitor the movement of his funds in transactions. The authors point out the existing legal conflict due to different approaches to the interpretation of public duties, on the one hand, and the peculiarities of confidentiality relations that arise when exercising the right to receive qualified legal assistance, on the other hand. In the absence of a clear answer, there is nothing left but the personal discretion of each advocate on how to understand and fulfill the duties assigned by law and seek a reasonable balance of constitutionally protected values and competing rights. This is evidenced by the explanations of the authorized bodies.
Sign-in/Register to access full text options 
Free) 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a call
