Blog tagged as Risk

Gunpowder Plot - the case of the anonymous letter that alerted the authorities to treason - learn the lessons from history

What is the difference between Source of Funds and Source of Wealth. Following the SRA Thematic Review we consider this

All Hallows Eve is full of Tricker. But every tale has an underlying lesson.

Short snappy key points on SRA's Warning Notice on Client & Matter Risk Assessments

Are you swimming or are you sinking?

We take a deep dive: 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.

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

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.

A frequent compliance phrase is garbage in garbage out - read more