by Yasmin Robinson | Feb 3, 2021 | News
Law firms are being urged to check that they are up-to-date with all the latest developments and legislation regarding money laundering by reading two new pieces of national sector-wide guidance issued on the subject. Following on from the regular national... 
by Yasmin Robinson | Jan 21, 2021 | News
Three more firms have been disciplined for breaches of the transparency rules as the SRA continues to clamp down on non-compliance. This brings the total of firms who have been sanctioned to ten, since the start of the year. The rules are designed to help people find... 
by Yasmin Robinson | Jan 20, 2021 | News
The Legal Sector Affinity Group (LSAG) has updated its anti-money laundering (AML) guidance for the legal sector. The guidance supports legal professionals in complying with the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the... 
by Yasmin Robinson | Jan 14, 2021 | News
The transparency rules were introduced in December 2018 to help consumers make properly-informed decisions about the services available to them. The vast majority felt solicitor firms were unaffordable and therefore going elsewhere for help dealing with a legal... by Yasmin Robinson | Jan 5, 2021 | News
Solicitor firms have until Sunday (10 January) to check if any tax advice work they carry out falls under a new definition for money-laundering purposes. Last year’s fifth Anti-Money Laundering Directive brought in amended regulations, with the definition of ‘tax... 
