The Law Society has voiced fears about a proposal that solicitors should have to report any suspicious financial transactions by clients. The society warned that the move would breach confidentiality. It was responding to a worldwide consultation on the review of 40 recommended anti-money laundering measures, last revised in 1996, by the Financial Action Task Force on Money Laundering - an international agency. The Commissioner for Narcotics, Clarie Lo Ku Ka-lee, helped prepare the consultation exercise during her one-year presidency of the taskforce, which ended in June. The taskforce said it was concerned about criminals' increased use of professionals to obtain advice or other help to launder criminal funds. It said it was considering whether some of the 40 recommended measures, such as the duty to report suspicious money transactions, should be extended to non-financial businesses and professionals including gambling businesses, estate agents, accountants and lawyers. The consultation paper said that criminals commonly used lawyers' client accounts to place funds in many countries, which offered launderers the protection afforded by confidentiality to clients. Hong Kong and 30 other member countries of the taskforce will have to ensure their policies and legislation comply with any revised measures that are recommended. Under present Hong Kong Monetary Authority anti-money laundering guidelines, banks and deposit-taking companies are required to report any suspicious transactions regardless of the amount involved.