UK solicitors hit with fines over missing risk assessments

Amphlett Lissimore Bagshaws LLP, of London, and Andrew & Andrew Solicitors Limited, based in Portsmouth, will pay penalties of UK£114,006 (US$150,472) and UK£25,000 (US$33,000), respectively, after desk-based reviews by the Solicitors Regulation Authority (SRA) found breaches of the Money Laundering Regulations 2017.

Amphlett Lissimore Bagshaws LLP (ALB), of London, and Andrew & Andrew Solicitors Limited (A&A), based in Portsmouth, will pay penalties of UK£114,006 (US$150,472) [1] and UK£25,000 (US$33,000) [2], respectively, after desk-based reviews by the Solicitors Regulation Authority (SRA) found breaches of the Money Laundering Regulations 2017.