SRA ‘proud of AML progress’ ahead of FCA handover, as annual report reveals a third of assessed firms were non-compliant

The letters AML on small wooden cubes placed on a clipboard next to a pen

The Solicitors Regulation Authority (SRA) has released its Anti-Money Laundering Annual Report for 2024-25, a year in which the organisation says it made significant progress in preventing and detecting money laundering. With the government recently announcing the responsibility for overseeing anti-money laundering regulations will pass to the Financial Conduct Authority (FCA), the SRA’s chief executive […]