GD Legal Solicitors fined in UK for AML risk assessment and control failures

Manchester, UK-based law firm GD Legal Solicitors has been ordered to pay a UK£21,843 (US$28,052) penalty after the Solicitors Regulation Authority (SRA) found it had breached the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.

Manchester, UK-based law firm GD Legal Solicitors has been ordered to pay a UK£21,843 (US$28,052) penalty after the Solicitors Regulation Authority (SRA) found it had breached the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 (MLRs).