January 3, 2025
A solicitor has been handed a substantial fine of £27,500 for serious breaches of client due diligence during a property transaction dating back more than seven […]
December 12, 2024
The adoption of “virtual passports” for businesses could provide a game-changing solution to the rising costs of financial crime in the UK, according to research from […]
November 14, 2024
The Solicitors Regulation Authority (SRA) has imposed fines totalling £57,000 on eight UK law firms for significant shortcomings in their anti-money laundering (AML) controls. The eight […]
November 8, 2024
In a bold move to counter Russia’s ongoing military efforts and destabilising global activities, the UK government has announced it has enacted its most extensive sanctions […]
September 30, 2024
An East London law firm, Edell Jones & Lessers, has been fined by the Solicitors Regulation Authority (SRA) for non-compliance with Anti-Money Laundering (AML) compliance regulations. […]
September 18, 2024
A recent report from the Law Society has called on the Welsh government to provide financial support for small and medium-sized welsh law firms to adopt […]
August 2, 2024
A prominent Coventry law firm, Band Hatton Button (BHB), has been fined more than £46,000 by the Solicitors Regulation Authority (SRA) for failing to implement adequate […]
July 12, 2024
City Heights Legal Solutions Limited, a recognised body authorised and regulated by the Solicitors Regulation Authority (SRA), has agreed to pay a financial penalty following an […]
July 5, 2024
The Federal Reserve Board has issued an enforcement action against Evolve Bancorp and its subsidiary, Evolve Bank & Trust, for failing to adhere to essential anti-money-laundering […]