Lobbying for Effective, Reasonable Anti-money Laundering Laws Law Society Press Release 10 August 2006 The government appears to be adopting a practical and sensible approach to the latest money laundering directive from Brussels. In its consultation on the implementation of the Third European Money Laundering Directive, the government indicates that it will not make amendments to the Proceeds of Crime Act that would erode legal professional privilege. Fiona Woolf, Law Society president, said these proposals hopefully mark an end to the era of gold-plating EU legislation.