AML Policies for Law Firms: Review, Update and Implement
Does your firm’s AML policy explain what staff must do, who makes the decisions and where the evidence is recorded? Useful policies connect the firm’s identified risks with practical instructions for client due diligence, risk assessment, source-of-funds scrutiny and escalation.
These articles help law firms review their AML documentation and examine whether the procedures are followed on client files. For ongoing drafting support, explore Lexsure’s AML Policy Update Service, which provides quarterly suggested amendments for SRA-regulated firms in England and Wales.
Your policy is written. Is it working?
Lexsure’s independent AML audits examine documentation alongside risk assessments, client files and staff understanding to identify gaps in wording and implementation.
Discuss an independent AML audit →
Discuss a review appropriate to your firm’s size, work and risk exposure. Responsibility for compliance remains with your firm.
-
HMRC Tax Adviser Registration: What Conveyancers Need to Know for 2026
If your firm handles conveyancing, the definition of a “Tax Adviser” just got a lot broader. HMRC has confirmed that new mandatory registration rules will encompass almost all conveyancing professionals. With significant penalties for non-compliance, understanding these HMRC Agent Services Account (ASA) updates is critical for your firm’s survival. Is My Conveyancing Firm a “Tax…
-
Navigating Change: The 2026 Reform of Money Laundering Regulations
Updates to the UK’s Anti-Money Laundering (AML) landscape are on the horizon. On March 25, 2026, the UK Government laid the Money Laundering and Terrorist Financing (Amendment) Regulations 2026 before Parliament. For legal professionals, these changes aren’t just administrative, they will require a proactive review of how practices manage risk and client data. What’s Changing?…