A Client and Matter Risk Assessment (CMRA) is a regulatory requirement for evaluating money laundering and terrorist financing risks associated with a client or matter.… Read More »Good and Poor Practice for Client and Matter Risk Assessments
All firms regulated by the Solicitors Regulation Authority (SRA) have been contacted regarding a data collection exercise. Firms are required to answer questions about the… Read More »Anti-Money Laundering and Sanctions Data Collection by the SRA
As of July 2024, the Solicitors Regulation Authority (SRA) has introduced a new financial penalties framework under the Economic Crime and Corporate Transparency Act (ECCTA)… Read More »Unlimited Fining Powers by the SRA