Industry Insights

Use this handy infographic to cut through the noise surrounding source of funds requirements. After conducting your risk assessment on the client and transaction, ask these three questions: [...]

You may have noticed that the regulator has been busy flexing its new fining powers recently. The SRA can slap fines of up to £25,000 without reference to the Solicitors Disciplinary Tribunal. [...]

The ability to work from home is a major consideration for legal professionals when considering a career move, and law firms not offering this kind of flexibility are at a disadvantage in a tough [...]

Updated 25 July 2023 Regulation 18 of the Money Laundering Regulations 2017 requires all law firms (subject to the Regulations) to have in place an AML firm-wide risk assessment. The official [...]

All solicitors know that compliance with the SRA Accounts Rules is central to keeping on the right side of regulation. Keeping client money safe is a fundamental part of being a trusted regulated [...]

The UK government has issued new wide-ranging sanctions to increase pressure on the Russian economy.  New laws severely limit access to legal services provided to businesses and individuals [...]

Law firm IT projects are notoriously difficult to get right. We have all known law firms that have spent big on shiny new case management systems, only to find that it has little real world [...]

Gary Horswell, Managing Director at Ntegrity Insurance Solutions Limited, provides a timely update for solicitors renewing their PII in October. Premiums for PII have been on the rise since 2019, [...]

If anti-money laundering and sanctions compliance are in the spotlight right now, spare a thought for the Criminal Finances Act 2017. A shy, overshadowed piece of legislation that desperately [...]

Do you find it difficult to get your team to follow your AML policy and procedures? Do the words ‘head’ and ‘brick wall’ spring to mind? Perhaps you should direct them to this case, which [...]