Just over 1 in 5 law firms compliant with ML Regulations - England & Wales regulator

The Solicitors Regulation Authority (SRA) for England & Wales completed 225 inspections and desk-based reviews in 2021/22, finding 49 firms (22%) compliant with the Money Laundering Regulations, 133 (59%) partially compliant and 43 (19%) not compliant.

The Solicitors Regulation Authority (SRA) for England & Wales completed 225 inspections and desk-based reviews in 2021/22, finding 49 firms (22%) compliant with the Money Laundering Regulations, 133 (59%) partially compliant and 43 (19%) not compliant.