The SRA has issued yet another anti-money laundering (AML) fine – this time hitting a firm with a £25,000 penalty for failures in its source of funds (SOF) and source of wealth (SOW) [...]
By Sophie Cisler It’s a chilling thought, isn’t it? The stark reality that any one of us could be facing the consequences of a compliance misstep, no matter how diligently we strive to do the [...]
Solicitors, COLPs, MLCOs and MLROs are on the front lines of the fight against financial crime. The SRA has been crystal clear about the importance the regulator places on comprehensive client [...]
By Sophie Cisler The UK’s new “failure to prevent fraud offence,” coming into effect on 1 September 2025, puts a direct onus on large organisations to proactively combat fraud. [...]
By Samantha Bray Let’s be honest – file reviews aren’t exactly the most exciting part of being a solicitor. They take time, require attention to detail, and can feel like yet another [...]
By Sophie Cisler When the COLP and COFA regime was introduced in 2011, questions were raised about how much personal liability such individuals would bear. The SRA at the time was quick to [...]
Be part of Life in the Law 2025 By Niamh Warnock and Trish McLellan of LawCare The legal sector is known for its high-pressure environment, long hours, and demanding workloads, all of which can [...]
By Samantha Bray A message pings in my inbox. A call back request. I make the call and spend the next half hour talking with a solicitor who is on the verge of tears – absolutely terrified [...]
Law firms have hitherto focused on financial sanctions – checking whether a client or counterparty is a designated individual or entity. But trade sanctions, which restrict entire sectors [...]
By Samantha Bray Reflection is one of the most powerful tools for professional growth and development. For solicitors, integrating regular reflection into daily practice can enhance skills, [...]
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