AML Firmwide Risk Assessment
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Mind the Gap: SRA Targets the “Disconnect” in AML Policies for 2026 Thematic Review
The SRA’s 2026 AML thematic review will scrutinize the effectiveness of firms’ AML Policies, Controls, and Procedures (PCPs). It aims to address the ongoing disconnect between established policies and actual practices. The review emphasizes the importance of independent audits and proactive compliance measures to strengthen AML frameworks and mitigate risks effectively.
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What does it mean when the SRA offers your firm to AML InvestigationTeam
The Solicitors Regulation Authority (SRA) plays a crucial role in ensuring that legal professionals uphold the highest standards of conduct, particularly in relation to anti-money laundering (AML) compliance. I am seeing an increasing amount of outcomes letters from the SRA advising firms that they are appointing the Investigations team to take over. If a law…