The Law Society’s 2026 updates to the Conveyancing Quality Scheme introduce new property information forms, stronger fraud prevention expectations, and continued training requirements. Conveyancing firms must strengthen compliance, documentation, and governance to maintain accreditation and lender relationships.
Sanctions breaches are rarely sophisticated. Recent enforcement action shows how routine onboarding failures can expose firms to serious regulatory risk. Effective KYC controls aren’t about screening everything, they’re about striking the right balance between risk, efficiency and oversight.
Continuous company monitoring is a growing compliance challenge for professional firms. This article explores how structured change detection and ECCTA verification awareness support consistent, auditable oversight across client portfolios.
Anti-money laundering for law firms has always been a concern, what is “enough” information on a client to determine they’re legitimate, and their money is legal? But over the past few years there has been a growing concern within the industry as a whole, specifically pushed by the SRA and Law Society that enough simply isn’t being done. Take for example the story of Mishcon de Reya being fined for AML compliance breaches. They were smacked with a fine of £232,500 which highlights the reinvigorated push for better AML compliance and AML checks within law firms.
With the need for more stringent anti-money laundering checks in the legal sector, we have put together a list of some top tips on how to help you combat money-laundering.
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