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.