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SRA Updates Money Laundering Risk Assessment After NRA

19 September 2025

SRA Updates Money Laundering Risk Assessment After NRA

The Solicitors Regulation Authority (SRA) updated its sectoral risk assessment on money laundering following the publication of HM Government’s National Risk Assessment (NRA). 

 

 

Key risks highlighted in the assessment include:  

➡️ Misuse of UK property markets following political instability in Bangladesh; 

➡️ Poor scrutiny of due diligence documents; 

➡️ Increased use of offshore structures to obscure ownership; 

➡️ Breaches of the Accounts Rules; 

➡️ Structural vulnerabilities linked to new working models; and  

➡️ Over-reliance on e-verification technologies.  

✅ Firms under SRA supervision should review their business-wide risk assessment methodologies, incorporating the key risks highlighted by the regulator. 



 
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