A Third of Inspected Law Firms Break UK’s AML Rules
A third of inspected law firms in England and Wales are breaching anti-money laundering (AML) requirements, according to a report on new figures from the Solicitors Regulation Authority (SRA).
Law Firms
FCA to Take Over AML Supervision for UK Professional Bodies
The Financial Conduct Authority (FCA) will serve as the sole anti-money laundering (AML) and counterterrorist-financing (CTF) supervisor for the UK’s legal, accountancy and trust and company service provider sectors.