The Changing World of Compliance
Jo Hodges, Director at Redbrick Solutions shared her thoughts with Today’s Conveyancer about the changing world of compliance.
SRA concerned with money laundering
The Solicitors Regulation Authority are contacting thousands of firms to ask what measures they have in place to combat money laundering. Over a fifth of firms reviewed by the SRA have failed to create the required risk assessment protocols to sufficiently protect against money laundering.
Money laundering risk found in SRA review
The Solicitors Regulations Authority following a review of 59 practices providing trust and company services, has found that a number of law firms are not doing enough to prevent money laundering.