By PAUL O’DONOGHUE, Senior Correspondent
A UK solicitor has been cleared of failing to conduct enhanced due diligence (EDD) on £24 million paid into his firm’s client account, despite his own admission to the alleged lapse.
The Solicitors Disciplinary Tribunal (SDT) ruled that neither solicitor Richard James Morris, nor his former firm, Candey, was required to apply EDD on the money, as alleged by the Solicitors Regulation Authority (SRA)