The SRA has referred an Oxfordshire a lawyer to the Solicitors Disciplinary Tribunal for prosecution. The Tribunal certified that there is a case to answer in respect of allegations which include that the lawyer :- 1. Between around January 2020 and July 2022, failed to keep and maintain accurate accounting records for the Firm. 2. From around January 2020 to July 2022, caused or allowed a client account shortage on the Firm’s client account. 3. From June 2017 to around October 2022, failed to have in place: 3.1 An AML Firm Wide Risk Assessment (‘FWRA’) as required by Regulation 18 of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (‘MLRs 2017’); 3.2 Anti-money Laundering Policies, Controls and Procedures (‘AML Policies’) as required by Regulation 19 of the MLRs 2017. 4. On or around 12 December 2019, made a declaration to the SRA which was false and misleading in that it confirm...
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