Rule 55 Rules of Professional Conduct for Legal Practitioners

Rule 55 of the Rules of Professional Conduct for Legal Practitioners (RPC) 2023 is about Objectives of this Chapter. It is under Part I (Objectives and Application) of Chapter 2 (Guidelines And Rules On Anti-money Laundering And Combating Financing Of Terrorism For Legal Practitioners) of the Rules. It provides as follows:

(1) The objectives of this Chapter are to—

(a) promote adherence to the rule of law ;
(b) promote the duty of confidentiality and the client-lawyer privilege toward their clients, and provide yardsticks for the overall ethics and best practices of the profession to ensure that legal services are not being misused by criminals or for legal practitioners to be unwittingly involved in Money laundering and Terrorism Financing ;

(c) internally self-regulate members of the legal profession and where applicable, recommend legal practitioners who are in breach to appropriate disciplinary authorities in accordance with relevaiit provisions of the Legal
Practitioners Act : and

(d) adopt the risk-based approach for legal practitioners to be able to identify money laundering, terrorism financing and proliferation financing situations and circumstances before they occur and thus provide ethical and professional advice to clients when it becomes necessary, while providing professional services as a legal practitioner.

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