Blog tagged as Source of Funds

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

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.

Will Digital Wallets be the sole source of truth for the regulated industries?