SRA imposes near maximum fine for breaching AML rules

SRA imposes near maximum fine for breaching AML rules

A firm which failed to check any of the sources of funds for three property transactions has been fined £23,216 – almost the maximum the Solicitors Regulation Authority can impose. The sanction was made against Ilford firm TTS Legal Ltd after an investigation into the...
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...