by Sarah Haynes | Jul 2, 2025 | Compliance Update
Can you believe we’re already over halfway through 2025? Time flies when you’re having fun in the legal compliance world! While some of us might be diving into pool floats and sunscreen this summer, we’re diving in headfirst to deliver this Q3 compliance update. Grab...
by Sarah Haynes | Jul 1, 2025 | Article
We are noticing a trend of law firms encountering issues with their authorisation following changes to their management and ownership structures. This can have serious consequences for the business. We recently saw a case where a non-lawyer was issued a small number...
by Sarah Haynes | Jun 30, 2025 | Article
The letters we are seeing from the SRA notifying firms that they intend to visit them to carry out an AML inspection appear to be asking for increasing amounts of information and documents. We thought it would be helpful to give you a heads-up and share this...
by Sarah Haynes | Jun 30, 2025 | Article
Summary of changes: (Please note that some of the wording in the Schedule didn’t make it into the body of the guidance as intended!) 4.2.2/ 6.16.2/ 6.18.1 & 6.18.2 – Beneficial owners: definitions changed in these sections to “more than 25%” as opposed to “25% or...
by Sarah Haynes | May 15, 2025 | Article
The SRA has announced that they will again be running their AML and Sanctions data collection exercise this summer (in July rather than August/ September this year) and that it is a regulatory requirement to complete it. Further information, including various...
