SRA AML Audit
Articles on SRA anti-money laundering audits and inspections of law firms, including common findings, firmwide and client matter risk assessments, policies, due diligence and the steps firms can take to address compliance gaps.
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Firmwide Risk Assessment Failures | SRA AML Fines
Recent SRA enforcement highlights the risks of static, generic or missing firm-wide risk assessments. The FWRA should reflect your practice and shape your AML procedures.
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HSBC Panel Removal: LMS Oversight
The conveyancing sector is undergoing changes in how LMS manages HSBC’s conveyancing panel, particularly after SRA AML audits. Firms facing SRA sanctions risk lender panel removal, complicating client arrangements and increasing costs. Firms need strategic, remediation-focused responses to manage potential risks. Lexsure offers lender panel removal consultancy services for affected firms.