The Solicitors Regulation Authority has released its Anti-Money Laundering Annual Report for 2022-23.
The report provides insights on:
- Firms and individuals in scope of the regulations;
- Reporting suspicious activity;
- Assessing risk;
- Ongoing monitoring;
- Findings and case studies; and
- Emerging risks.
Firms in the sector should view the report and take any appropriate action recommended by the SRA.