SRA faces judicial review over alleged regulatory failures and calls for reform.
Written by John Barwell
Written by John Barwell
Written by John Barwell
Legal profession · Financial crime · Regulatory accountability The legal profession is meant to protect the rule of law, not provide cover for financial crime. Yet repeated scandals show how solicitors, lawyers, accountants and other professional intermediaries can become gatekeepers for secrecy, asset concealment and abusive offshore structures. The issue is not the profession as … Continue reading “The Silent Crisis: Corruption and Money Laundering in the UK Legal Profession”
Written by John Barwell
The SRA’s recent imposition of over £57,000 in fines for AML breaches across five law firms signals a step towards stricter enforcement, but without significant penalties and proactive regulation, compliance will remain a manageable risk rather than a priority.
Written by John Barwell
The Solicitors Regulation Authority faces scrutiny after being ordered to pay £189,000 in costs following a failed prosecution against Dentons. This raises critical questions about regulatory practices in the UK legal sector.
Written by John Barwell
Explore the new powers granted to the SRA under the Economic Crime and Corporate Transparency Act 2023 to combat economic crime and enhance corporate transparency.