by Yasmin Robinson | May 9, 2025 | News
An unprecedented blitz of AML-related sanctions last month included several regulatory fines of more than £10,000. In total, the Solicitors Regulation Authority announced 12 fines levied against firms for non-compliance with money laundering regulations. The total... 
by Yasmin Robinson | Apr 22, 2025 | News
Holden Smith Law Limited faces a £36,622 fine for anti-money laundering compliance failures during a five-year period Holden Smith Law Limited is the latest law firm to be fined £36,622 by the Solicitors Regulation Authority (SRA) due to significant failures in... 
by Yasmin Robinson | Apr 17, 2025 | News
The Information Commissioner’s Office (ICO) has fined Merseyside-based law firm DPP Law Ltd £60,000 following a cyber attack that compromised sensitive personal data. Key Points: Nature of the Breach: In June 2022, cyber attackers accessed DPP’s network... 
by Yasmin Robinson | Mar 26, 2025 | News
A central London firm has agreed to pay £25,000 – the maximum penalty that the regulator can issue – after admitting failing to do proper checks on a risky foreign client. Property specialist PCB Lawyers LLP accepted it did not take adequate measures to establish the... 
by Yasmin Robinson | Mar 13, 2025 | News
A US-based international firm with an office in London’s Square Mile has been fined £300,000 for historical breaches of anti-money laundering rules. Simpson Thacher & Bartlett was due to face a three-day substantive hearing at the Solicitors Disciplinary Tribunal...
