On 9 January, the Law Society Gazette reported that official guidance on how to comply with the new AML regime coming in to force from 10 January may not be available for months, the Solicitors Regulation Authority admitted. It also said that that its enforcement activity will take into account the ‘limited time that firms have had to prepare’ for the 5th Anti-Money Laundering Directive.
https://www.lawgazette.co.uk/practice/guidance-on-new-aml-regime-could-take-months/5102676.article