UK sanctions regime comes under increased SRA scrutiny

Facebook Linkedin Instagram UK sanctions regime comes under increased SRA scrutiny With the rapid expansion of the sanctions regime since Russia’s invasion of Ukraine two years ago, sanctions compliance has become a focus of SRA scrutiny. Why do law firms need to have sanctions controls? The sanctions regime applies to: All law firms and to […]

New SRA Guidance on firm-wide sanctions risk assessments

Facebook Linkedin Instagram New Solicitors Regulation Authority guidance on firm-wide sanctions risk Assessments On 23 January 2024 the SRA issued new guidance on firm-wide sanctions risk assessments to identify and mitigate potential risks. This risk assessment should feed into the firm’s sanctions policies, controls and procedures, and fee earners should consult it if needed when […]