Nearly one in three law firms inspected in England & Wales not AML-compliant

The Solicitors Regulation Authority (SRA), in its last report on anti-money laundering supervision of law firms in England and Wales before the role passes to the Financial Conduct Authority (FCA), says that almost a third of firms it inspected in 2024/25 were non-compliant.

The Solicitors Regulation Authority (SRA), in its last report [1] on anti-money laundering supervision of law firms in England and Wales before the role passes to the Financial Conduct Authority (FCA), says that almost a third of firms it inspected in 2024/25 were non-compliant.