by Yasmin Robinson | Nov 28, 2022 | News
The SRA has today issued guidance on the financial sanctions regime and explained how it expects firms to address compliance with the fast-changing rules. The guidance places significant expectations on all firms, even those whose work falls outside the regulated... 
by Yasmin Robinson | Sep 12, 2022 | News
All firms doing work within the scope of The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 must have a practice wide (also referred to as firm wide) risk assessment (PWRA) in place. You may have seen reports... 
by Yasmin Robinson | Mar 18, 2022 | News
The Solicitors Regulation Authority has said it is ‘highly unlikely’ to get involved where a firm has dropped a client for whom it no longer feels comfortable representing. Many firms are reviewing their client lists following the Russian invasion of Ukraine and... 
by Yasmin Robinson | Mar 8, 2022 | News
In the wake of the UK Government imposing sanctions on Russia, the SRA has reminded firms of the importance of their role in ensuring all measures and restrictions are complied with. They have also set out the actions they are taking to both assess and support...
