by Olivia McLeod | Jan 14, 2026 | Article
What is it and what is the Government’s approach? The Money Laundering Regulations (MLRs) require HM Treasury (HMT) to publish an annual report on supervision activity using information requested from the 25 Anti-Money Laundering/ Counter Terrorism Financing (AML/CTF)...
by Olivia McLeod | Jan 7, 2026 | Article
ID verification As we reported in our October Compliance Update (here), the Economic Crime and Corporate Transparency Act 2023 (ECCTA) gave new powers to Companies House with the aim of making them more of a gatekeeper against economic crime than a passive repository...
by Olivia McLeod | Jan 7, 2026 | Article
The Solicitors Regulation Authority (SRA)’s first thematic review of compliance officer roles (COLPs and COFAs) published on 11/12/25, highlights risks affecting firms’ compliance effectiveness. The review covered only 25 firms (out of 9,000), so findings may not...
by Olivia McLeod | Jan 5, 2026 | Article
The SRA updated its guidance on the implications of the Mazur judgment on the conduct of litigation on 11/12/25. The main changes to the guidance, which was originally published on 20/10/25, is the content in the section entitled “Supporting firms and solicitors and...
by Olivia McLeod | Dec 15, 2025 | Article
From 1/12/25 the Financial Services Compensation Scheme (FSCS) deposit protection rose to £120,000 (having previously been £85,000). This means that if you hold deposits or savings with a UK-authorised bank, building society or credit union and it goes out of...
by Olivia McLeod | Dec 8, 2025 | Anti-money laundering, Article
As we reported to clients in October, the Government dropped the shock announcement in the middle of the SRA’s Compliance Officer’s Conference in October that the SRA will lose its responsibility for AML supervision of solicitors, with the Financial Conduct Authority...
