Two more firms fined thousands over AML failings

Two more firms fined thousands over AML failings

Two more firms have been fined four-figure sums as the Solicitors Regulation Authority continues its crackdown on anti-money laundering non-compliance. In separate agreed outcomes, Oxfordshire firm Angel Wilkins and Bolton practice Oakmount Law Solicitors were fined...
SRA issues financial penalty for non-compliant FWRA and AML PCPs

SRA issues first fixed penalty notices

The SRA has published details of the first fixed penalties issued since introducing the new fixed financial penalty regime. The £750 fines published today are in relation to three firms for not complying with the SRA’s transparency rules. Breaches included:...