Blog tagged as Due Diligence

Key takeaways: SRA Warning Notice

We take a look at the SRA Warning Notice published on 18 October 2023 The SRA’s Warning Notice (18 October 2023) highlights persistent weaknesses in Client and Matter Risk Assessments (CMRAs), with over half of reviewed assessments deemed ineffective in 2022/23.

Law Society of Scotland Updated their CMRA Guidance

The Law Society of Scotland has updated their CMRA guidance. Let's have a look.

The Proceeds of Crime (Money Laundering) (Threshold Amount) (Amendment) Order 2025

July 2025, changes on the DAML Exception. Read further, from Hansards to LinkedIn SAR Comment. Learn more.

Mastering AML Country Risk

Geographical Risk - not only a consideration in your FWRA but also in relation to your clients. Apart from FATF are there any other resources to assist in understanding risk? See this toolkit of information.

Why the Reluctance?

Someone suggested that it could be cheaper for firms to be non-compliant. But are there other considerations?

The Shaving of Suspicion: A Sweeney Todd Tale of AML Gone Wrong

A Sweeney Todd-Inspired Cautionary Tale for UK AML Compliance

AML Through the Emerald Lens: Follow the Yellow Brick Risk Road

The Yellow Brick Road is Littered with possibilities.

FATF Plenary

Read why the FATF Plenary is so important to your AML programme.

No Independent Internal AML Audit?

Is the lack of an AML Internal Audit (Regulation 21 Audit) a regulatory cause for concern?

AML & Sanctions Data Collection: Are You Ready?

SRA Annual AML and Sanctions Questionnaire considered.

Key Takeaways from the Law Society of Scotland - Guide to AML Inspections

Key insights regarding AML Inspections

The Law Society of Scotland is the regulator for Scottish Lawyers.

They are also the Anti-Money Laundering regulator body for Scottish Lawyers.

The have a proactive approach to the dissemination of information having produced informa...

Legal Sector Affinity Group Guidance 2025

LSAG 25: Key takeaways and insights

HM Treasury Money Laundering Advisory Notice

Key Takeaways from the HM Treasury Money Laundering Advisory Notice - dated 27 March 2025

FATF February 2025 Plenary

FATF February 2025 - What changes have occurred? Check out our blog for further information.

Key Anti-Money Laundering Phases

Navigating AML? Let us clarify the common phrases you need to know.

Do you know your financial crime acronyms?

Know your financial crime acronyms. In the Anti-Money Laundering space there is a heavy use of acronyms, knowing them will assist in your understanding.

Regulated Firm? Get Ready for Your AML Audit Now

Discover how a Mock Anti-Money Laundering Audit (AML) Audit can help your regulated firm identify gaps, strengthen compliance, and confidently prepare for your next Regulation 21 AML audit

Key takeaways: An Ex Regulator's AML Insights

Ex-Regulator - Mr Graham MacKenzie provides valuable insights into AML regulation. - Key takeaways from his presentation.

Red Riding Hood and Identity Theft: A Cautionary Tale for AML Professionals

Red Riding Hood and Identity Theft

Your AML Programme: Like an Onion, It Needs Layers (Not Just a Swamp)

What do onions have in common with AML?