Tag Results

There are a few common misunderstandings about third-party managed accounts (TPMAs). Perhaps the most common is that it hands compliance responsibility over to that third party. It does not, and this confusion is a big part of why firms hesitate over deciding on whether to adopt one—even if the benefits are clear.

An AI agent is difficult to supervise. By design, it works in the background. It means a solicitor can be held responsible for work they had no real means to oversee.

As of 30 June 2026, the money laundering regulations have been updated again, this time to make the regime more proportionate and addressing unnecessary over-compliance.

The SRA’s most recent AML report highlights a threat that only a few years ago would have seemed totally farfetched. But who among us now hasn’t heard of the looming spectre of deepfake identity fraud.

Most onboarding effort goes into proving the client is who they say they are. It’s an important question to ask, but it is no longer the most important one.