AML checklist for law firms
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FCA Compliance Checklist: Is Your Law Firm Ready for the New AML Supervisor?
Law firms should prioritize demonstrating the effectiveness of their existing anti-money laundering (AML) controls before the FCA begins supervision in 2028. A comprehensive FCA compliance checklist will help firms assess their current practices, risk assessments, and policies to ensure readiness. Proactive measures are essential to address potential weaknesses ahead of regulatory changes.
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Why the SRA’s 2025 AML Crackdown is a Direct Threat to Your Lender Panel Status
For many law firms, receiving a fine resulting from an SRA AML Audit is seen as a big disciplinary blow, a public “black mark” and a hit to the profit and loss account. However, as we move through 2025 and into 2026, a much more clinical and commercially devastating threat has emerged. The real danger…