The UK legal profession stands as a cornerstone of justice, vital to the functioning of society and commerce. Yet, behind its esteemed reputation lies a crisis: corruption, complicity in financial crime, and regulatory inertia that enables misconduct to flourish. Recent cases and investigative insights expose the troubling depth of these issues, demanding urgent attention. A […]
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.