by Yasmin Robinson | Feb 4, 2025 | News
Another batch of fines relating to firms not able to show they were complying with anti-money laundering regulations has been announced by the Solicitors Regulation Authority. Duffield Harrison LLP, based in Hertfordshire, received the biggest fine of £25,000 – the... 
by Yasmin Robinson | Mar 29, 2023 | News
The Legal Sector Affinity Group (LSAG) has updated its anti-money laundering guidance for regulated firms. This guidance has been approved by HM Treasury. There is now further guidance in a number of areas. Of particular note is the requirement for firms to carry out... 
by Yasmin Robinson | Jan 6, 2023 | News
Two firms have been fined for failing anti-money laundering (AML) inspections when the Solicitors Regulation Authority discovered neither had a compliant risk assessment and ‘therefore failed to have sufficient regard for the SRA’s warning notice’. Hallam Solicitors,... 
by Yasmin Robinson | Oct 28, 2022 | News
A Yorkshire firm has agreed to pay a £2,000 fine after accepting that it failed to meet the Solicitors Regulation Authority’s requirements for combatting money laundering. The regulator said Pinkney Grunwells, based in Scarborough, had been ‘reckless’ by failing...
