Anti-money laundering resources – we can help
LSAG AML guidance - what you need to know
Rick Kent, anti-money laundering policy manager, looks at the key changes introduced by the revised anti-money laundering guidance for the legal sector.
Recent features
An element of suspicion?
Understanding the anti-money laundering definition of ‘suspicion’ is not as straightforward as it may appear. Amy Bell looks at the detail
What the change in PEP regulations means for you
Richard Simms, founding director of anti-money laundering online platform AMLCC, explores the recent change in the regulation of domestic politically exposed persons
Challenges in sanctions compliance
Katarina Pranjic of Lexis Nexis Risk Solutions looks at the challenges of managing sanctions risks, and provides some top tips for keeping on top of the changes
Residual balances – a silent danger?
Robert Blech considers residual balances and outlines the dangers of not addressing the issue in law firms
Procedural matters
Many firms are still struggling to have the correct anti-money laundering policies, controls and procedures in place. Alison Matthews summarises the key requirements
Legal Ombudsman Scheme Rules – the changes
New changes to the Legal Ombudsman (LeO) Scheme Rules – the most significant since the organisation opened – come into effect on 1 April 2023. Paul Wightman outlines what to expect
Data provision
Leo Davidson outlines what’s in the new Data (Use and Access) Bill and which aspects are likely to come under particular scrutiny by MPs
Paying the cost
Nigel West looks at the question of whether the SRA should pay for a solicitor’s costs in unsuccessful disciplinary proceedings
Residual balances – a silent danger?
Robert Blech considers residual balances and outlines the dangers of not addressing the issue in law firms
Brexit and practising rights
Anna Drozd and Betty-Ann Morain look at practice rights in the light of Brexit.
Serve and protect
Following the recent cyber attacks at CTS, Law Society partner Mitigo asks how to protect your firm’s data when using a managed service provider
In scope
In light of recent fines by the Solicitors Regulation Authority, Andy Donovan looks at what firms should do to ensure website compliance with the requirements of the SRA Transparency Rules
Diversity and inclusion – the benefits to your firm
Pearl Moses reflects on her experience with diversity and inclusion in the legal sector and although she says the profession is changing, bias remains an issue
On the money
Sarah Charlton comments on what the current SRA consultation on consumer protection may mean for solicitors handling client money
