News
January 19, 2024
In the fast-paced world of financial regulations, a lack of adaptation leads to to hefty fines and tarnished reputations. The recent case of Richard Lionel Jones, […]
January 17, 2024
Anti-money laundering (AML) regulations are firmly in the spotlight with regulators cracking down on firms and partners failing compliance measures. Remaining compliant is vital for all […]
January 15, 2024
In a landmark case that promises to set a precedent affecting numerous businesses within the UK’s legal sector, a court is to examine the legitimacy of […]
January 5, 2024
Money laundering remains a substantial threat to the UK economy, with an estimated annual cost of £100 billion. The government’s response comes in the form of […]
December 17, 2023
December 15, 2023 – The Solicitors Regulation Authority (SRA) has recently reinforced its commitment to enforcing anti-money laundering (AML) regulations by imposing fines on two law […]
December 6, 2023
The National Crime Agency (NCA) in the UK has issued a critical warning to financial institutions and regulated sectors regarding Russia’s ongoing efforts to bypass sanctions […]
November 27, 2023
Binance’s Compliance Challenges and the Role of Technology in AML Efforts Recently, the cryptocurrency exchange Binance faced significant legal challenges when its CEO, Changpeng Zhao, pleaded […]
November 27, 2023
Ashfords, a prominent law firm in the South-West, has been subjected to a substantial fine of £101,357 due to inadequacies in handling potential money laundering risks […]
November 21, 2023
The Economic Crime and Corporate Transparency Act, receiving royal assent on 26 October 2023, introduces significant reforms in the UK’s approach to corporate transparency and the […]