Money laundering reforms “would make SARs regime risk based” (LF)
The government has pledged radical reform of the suspicious activity reports (SARs) regime and its replacement with an intelligence-led, risk-based focus.
Partner sanctioned for not reporting firm’s financial problems (LF)
A solicitor has avoided an appearance before the Solicitors Disciplinary Tribunal after accepting a rebuke for failing to report his firm’s “serious financial difficulties”.