SRA Sanctions Regime Guidance

Solicitors Regulation Authority has published guidance on the UK Sanctions Regime for SRA-regulated firms, solicitors, registered European lawyers and registered foreign lawyers.

“The sanctions regime applies to all firms that provide legal services, not just those that are captured by the anti-money laundering regulations. So some firms will need to take a closer look at, for example, implementing effective client due diligence measures,” said SRA Chief Executive Paul Philip in the release.

SRA has also published a warning notice to the legal profession about getting involved in abusive litigation aimed at silencing legitimate critics, known as strategic lawsuits against public participation (SLAPPs).