The way conveyancers and solicitors interact with lender requirements is about to change. UK Finance has confirmed that a new Mortgage Lenders’ Handbook platform will go live on 29 June, bringing a full rebuild rather than a simple update. The new system is designed to improve security, resilience, and day to day usability for legal… Read more: Out with the Old, In with the New: The UK Finance Mortgage Lenders’ Handbook is Moving

For conveyancing firm, the Bank of Scotland fine earlier this your should be a “loud” warning. In property transactions, where you are dealing with high-value assets and often complex ownership structures, a “near miss” on a name could lead to a total freeze of the transaction, or worse, a heavy fine and a report to… Read more: SRA Update 147: Are Your Sanctions Checks Compliant After the Bank of Scotland Fine?

The FCA’s shift toward “Impactful Deterrence” is already making waves, there is a specific regulatory transition looming that should have every High Street partner checking their risk register: the transfer of AML supervision. Currently, for most High Street firms, the Solicitors Regulation Authority holds the reins. But the landscape is shifting. The Financial Conduct Authority… Read more: Independent AML Audits : The High Street Firm’s Secret Weapon