Not one in four law firms fully compliant with UK ML Regulations

Of 512 law firms inspected in 2023/24 (April to April), 110 (23%) were fully compliant with the UK Money Laundering Regulations (MLRs), the Solicitors Regulation Authority says in its latest AML annual report.

Of 512 law firms inspected in 2023/24 (April to April), 110 (23%) were fully compliant with the UK Money Laundering Regulations (MLRs), the Solicitors Regulation Authority (SRA) says in its latest AML annual report.