UK: CORONAVIRUS HITS PLAN TO TARGET AML LAGGARDS

On 1 April, Legal Futures reported that the coronavirus crisis has hindered the Solicitors Regulation Authority’s efforts to pursue law firms that have ignored its efforts to check they are complying with its AML rules.  The article also warns that the crisis has the potential to generate significant extra costs for the SRA, which may ultimately need to be borne by the profession through practising fees.

https://www.legalfutures.co.uk/latest-news/coronavirus-hits-sras-plan-to-target-aml-laggards

 

 

If you’d like to help me buy that (badly needed) new laptop or, even better, a new desktop to replace the one now 5,000 miles away – https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: