About Conveyancing, published by Simon Seaton, focuses on legal issues surrounding conveyancing with a particular emphasis on anti-money laundering (AML) compliance within property transactions. The blog covers regulatory requirements for law firms, including client due diligence, risk assessments, and the role of the Solicitors Regulation Authority (SRA) in enforcing AML standards. It discusses the challenges law firms face in maintaining compliance, the importance of independent AML audits, and the consequences of regulatory breaches such as fines and investigations. The content also addresses the impact of market conditions on compliance practices and offers guidance on managing AML risks effectively in conveyancing.
Updates to the UK’s Anti-Money Laundering (AML) landscape are on the horizon. On March 25, 2026, the UK Government laid the Money Laundering and Terrorist Financing (Amendment) Regulations 2026 before Parliament.
For legal professionals, these changes aren’t just administrative, they…
The “Bank of Mum and Dad” is a staple of the UK property market, but for modern conveyancers, it’s becoming a compliance minefield.
Lenders are shifting goalposts at lightning speed, and the SRA is increasingly focused on Source of Funds…
For conveyancers, the Client Account is the “red line” you never cross. Yet, a recently published CLC Adjudication Panel decision has sparked a firestorm on social media, leaving many practitioners asking: Is the “ethical spine” of our profession softening?
The…
Conveyancing firms are being sold an illusion, a world where everything happens at the press of a button. One platform, one workflow, and one “seamless” experience from instruction to completion. It’s a compelling pitch, and for a busy law firm,…
For years, the “tech race” in AML compliance was a purely technical pursuit. If you had the latest ID search system or the most robust Case Management System (CMS) with AML checks integrated, you held the upper hand. The goal…
Robust anti-money laundering (AML) controls are an essential requirement for any law firm. But there’s often a disconnect between having a well-written Anti-Money Laundering Policy and making sure those controls actually hold up in the realities of day-to-day work.
The…
The way conveyancers and solicitors interact with lender requirements is about to change. UK Finance has confirmed that a new Mortgage Lenders’ Handbook platform will go live on 29 June, bringing a full rebuild rather than a simple update.
The…
For conveyancing firm, the Bank of Scotland fine earlier this your should be a “loud” warning. In property transactions, where you are dealing with high-value assets and often complex ownership structures, a “near miss” on a name could lead to…
The FCA’s shift toward “Impactful Deterrence” is already making waves, there is a specific regulatory transition looming that should have every High Street partner checking their risk register: the transfer of AML supervision.
Currently, for most High Street firms, the…
The conveyancing world is no stranger to data scrutiny, but a recent development has set tongues wagging across the legal sector. Palantir, the US-based data analytics giant often associated with high-level intelligence and defence, is stepping into the realm of…
