Examining anti-money laundering supervision of the legal sector
16 November, 2022 | 0 minute read
In October 2022, Spotlight published a major report, A Privileged Profession?, on failures in anti-money laundering supervision in the legal sector. Engagement with government officials and regulators in the process of developing this report is likely to have contributed substantially to new provisions in the Economic Crime and Corporate Transparency Bill currently before Parliament for legal sector regulators to have a duty to prevent economic crime, and to give the Solicitors Regulation Authority unlimited fining powers.
Spotlight on Corruption is registered as a charitable company. Charity Number (England and Wales) 1185872. Company number 12123483.
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