Warning about client account residual balances

Facebook Linkedin Instagram Warning about client account residual balances Historic balances are in the news, with an imperative on law firms to clean up client ledgers. At the Law Society Risk and Compliance Conference earlier this month Andrew Blatt, regulatory specialist and director of Murdochs Law, acknowledged that dealing with residual balances is a drain […]

The latest Anti-money laundering rumbles from the SRA

Facebook Linkedin Instagram The latest AML rumblings from the SRA The scale of the SRA’s fines against law firms that can’t provide fully a compliant Practice Wide Risk Assessment (PWRA) or AML Policies, Controls and Procedures (PCP) continues to be a major concern, especially for smaller firms that feel unfairly targeted. One of the most […]

Attention all Company Directors! New identity verification process introduced by Companies House

Facebook Linkedin Instagram Attention all Company Directors! New identity verification process introduced by Companies House From 25 March 2025, Companies House is introducing a new identity verification (IDV) process with the aim of reducing the use of companies for illicit purposes.  This new process is being introduced by the Economic Crime and Corporate Transparency Act […]

Is your firm’s website compliant with the SRA’s Transparency Rules?

Facebook Linkedin Instagram Is your firm’s website compliant with the SRA Transparency Rules? AML inspections and fines have been so much in the news, that it’s easy to overlook wider compliance issues such as compliance with the SRA Transparency Rules. The SRA is currently engaged in what it calls ‘an ongoing programme of proactive web […]