One in Three UK Law Firms Breach Anti-Money-Laundering Rules
A third of UK law firms have failed to meet basic anti-money-laundering (AML) standards, according to the Solicitors Regulation Authority’s latest inspection blitz. Of the 833 firms checked, 270 were non-compliant and another 451 were only partly compliant, a statistic that should make any managing partner’s blood run cold. The SRA handed out about £1.5
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