- Monday, 25 April 2016
The government has pledged radical reform of the suspicious activity reports regime and its replacement with an intelligence-led, risk-based focus. The proposals include removal of the existing consent regime, and with it the scrapping of the existing statutory money laundering defence.
Tags: money laundering, SARs regime
Posted in Latest news, Regulation, Solicitors
The ‘rule of six’ has been in place since 14 September, with fines levied for those who break it and now we are seeing even more drastic restrictions reimposed. So what does this mean for the UK’s cyber-security?
While it is right to raise valid concerns about the SQE, are we not a bit tired of hearing the same old tune of the beaten drum with no better alternatives being suggested and at the eleventh hour?