“Take nothing on looks; take everything on evidence. There's no better rule”, says lawyer Mr Jaggers to Pip, in Great Expectations. The perfect motto for the Office for Professional Body Anti-Money ...

The Solicitors Regulatory Authority (SRA) has entered 26 firms into a disciplinary process for falling short of anti-money laundering (AML) standards. The Solicitors Regulatory Authority (SRA) has ...

Earlier this week, Simpson Thacher & Bartlett became the latest major law firm to find itself on the sharp end of the Solicitors Regulation Authority's push to ensure compliance with anti-money ...

Earlier in 2024, the U.K.'s Solicitors Disciplinary Tribunal dismissed the legal regulator's case, deciding not to sanction Dentons. The U.K. legal regulator has appealed against a tribunal’s ...

The Solicitors Regulation Authority (SRA) has fined Austen-Jones Solicitors, a South East London law firm, £ 15,200 for failing to adequately train staff in anti-money laundering (AML) regulations and ...

Law firms are generally effective at tackling money laundering, but the Solicitors Regulation Authority says solicitors must avoid complacency after it uncovered examples of malpractice during site ...

The Solicitors Regulation Authority has fined a firm a record £20,000 for failing to have anti-money laundering training and systems in place. The penalty is the largest the regulator has handed out ...

We oppose the creation of a single professional services supervisor for anti-money laundering (AML) and counter-terrorism financing (CTF) supervision.

The Treasury’s decision to transfer oversight of anti-money laundering and counter-terrorism financing supervision to the FCA has sparked concerns within the professional services sector. The ...

Moreover, with the SRA making clear that its “offensive will continue”, private client practitioners must be confident that their house is in order in the face of ever-increasing regulatory burdens ...