Written Question·Ministry of Justice·UIN 19781

Legal Profession: Money Laundering

Tabled: 12 December 2024
Answered: 19 December 2024

Question

Daisy Cooper

Liberal DemocratSt Albans

To ask the Secretary of State for Justice, whether she has received representations from the Solicitor Regulation Authority on the adequacy of the level of financial penalties for those solicitors found to be in breach of money laundering regulations.

Answer

Sarah Sackman
The legal profession in England and Wales operates independently of government. The responsibility for regulating the sector sits with the approved regulators, overseen by the Legal Services Board.The Solicitors Regulation Authority (SRA) is responsible f...

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