by AdrianaAMLP | Oct 30, 2025
The report indicates a marked increase in supervisory interventions—covering inspections, file reviews and enforcement actions—as the SRA addresses persistent weaknesses in firm-wide risk assessments, client and matter-level risk evaluations, source-of-funds checks...
by AdrianaAMLP | Jul 31, 2025
This assessment, grounded in the UK Government’s National Risk Assessment and the SRA’s supervisory insights, identifies the most pressing money laundering and terrorist financing risks encountered by firms it regulates—including solicitors, tax advisers, and trust or...
by Jyotsna Bucktowar | May 15, 2025
Miah had orchestrated 310 improper transfers from client accounts to companies linked to him, using the funds for personal loan repayments and asset purchases unrelated to the business. Forged statements were used to conceal these unauthorized transactions. Despite...
by Jyotsna Bucktowar | Feb 11, 2025
Areas of legal work that could be affected by trade sanctions include: Legal advisory services – Providing advice on corporate structures, contracts, or transactions that could involve sanctioned entities or jurisdictions; Trust and company services – Setting up...
by AdrianaAMLP | Nov 5, 2024
Report shows that in 2023/24 the Solicitors Regulatory Authority (SRA) took regulatory action against firms in relation to anti-money laundering breaches in 78 cases – an increase on the previous year (47). In more than half of the cases, the most common...
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