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”
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.
