Earlier this year, the Solicitors Regulation Authority (SRA) highlighted the importance of compliance with sanctions, emphasising that firms must align their practices with the latest regulatory guidance and take proactive measures to identify and mitigate risks associated with financial sanctions. … Read More
Law firms
Safeguarding the legal profession: Navigating the compliance landscape
AML compliance is critical for UK legal firms to prevent financial crime, uphold public trust, and avoid penalties. SRA guidance emphasises tailored risk assessments, training, internal controls, and clear processes for PEPs. … Read More