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The SRA’s New AI Warning Notice: What Every Law Firm Needs to Know

by Cat Sabine | Aug 28, 2026 | Article

On 17 August 2026, the SRA published a warning notice on the misuse of AI in legal services (https://www.sra.org.uk/solicitors/guidance/misuse-ai/). Whilst it still leaves more questions than answers, what it does make clear is that blaming AI is not going to be an...

SRA Sectoral Risk Assessment 2026 – What’s new? What next?

by Cat Sabine | Aug 20, 2026 | Article

The SRA published its latest Anti-money laundering, terrorist financing, proliferation financing and sanctions Sectoral Risk Assessment on 6/8/26 (as it is required to do at regular intervals  by the Money Laundering Regulations (MLRs)). Regulation 18 requires firms...

Consultation on new merger or acquisition reporting process

by Sarah Haynes | Jul 1, 2026 | Article

The SRA has announced the launch of a consultation on proposals to require law firms to notify it of prescribed events, including an advance notification of a merger or acquisition which has reached the stage of agreeing Heads of Term or similar. The SRA currently...

Amendments to the Money Laundering Regulations – how will they impact law firms?

by Sarah Haynes | Jun 29, 2026 | Anti-money laundering, Article

You may recall an excitable period last summer where we were promised a “clearer and more proportionate anti-money laundering (AML) regime”, when the government recognised that AML checks were seen as a major burden to law firms?  Well, those changes, following the...

AML supervision reforms – the move to the FCA – the next instalment!

by Sarah Haynes | Jun 25, 2026 | Article

We set out our thoughts on the Government’s consultation on the transfer of Anti-money laundering & counter terrorist-Financing (AML) supervision from the Solicitors Regulation Authority (SRA) (and other legal regulators) to the FCA in December last year (here)....

Financial Action Task Force (FATF) plenary – latest update to high risk third countries list

by Sarah Haynes | Jun 22, 2026 | Article

Following the Financial Action Task Force (FATF)’s latest plenary session, which concluded on Friday (19/6/26), the lists of high-risk countries have been updated again. As a reminder, the Money Laundering Regulations (MLRs) (still currently) require that Enhanced Due...
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