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AML annual supervisory report 2025
The Law Society of Scotland has published its latest annual report on anti-money laundering (AML) supervision, showcasing the breadth of its AML activity from April 2024 to April 2025.
Injury Claims Services Limited trading as Skelly & Co FAQs
Uddingston based law firm Injury Claims Services Limited trading as Skelly & Co, has ceased to practise. If you are a solicitor or a client affected by the closure of Injury Claims Services Limited trading as Skelly & Co, you may find our answers to some of the most frequently asked questions helpful.
Full results of AML SARs thematic review
The majority of Scottish legal professionals demonstrate a robust approach to submitting high-quality suspicious activity reports (SARs), but further support is required to ensure all firms fully understand this critical area of regulatory compliance, according to our report conducted in partnership with the UK Financial Intelligence Unit (UKFIU).
UK Government proposals to reform AML add cost without benefit for Scotland
The UK Government’s proposal to overhaul anti-money laundering (AML) enforcement will impose additional complexity and cost for law firms and consumers of legal services in Scotland, according to the Law Society of Scotland.
Scottish firms’ AML-related work rises to over £800 million
The Law Society's latest anti-money laundering (AML) certificate reports a rise in fees generated from work within the scope of AML regulations.
R.B. Campbell & Co, solicitors FAQs
Ayr law firm, R.B. Campbell & Co Solicitors, has ceased to practise. If you are a solicitor or a client affected by the closure of this firm, you may find our answers to some of the most frequently asked questions useful.
Law Society sets out approach to implement landmark regulatory reforms
The Law Society has set out its initial approach to implementing the Scottish Parliament’s landmark reforms to the way Scottish solicitors are regulated.
James Turnbull & Co FAQs
Stenhousemuir law firm James Turnbull & Co Ltd has ceased to practise. If you are a solicitor or a client affected by the closure of this firm, you may find our answers to some of the most frequently asked questions useful.
AML round up: July 2025
Catch up on all the latest anti-money laundering (AML) updates, news and guidance from the Law Society of Scotland's AML team.
National Risk Assessment of Money Laundering and Terrorist Financing updated
Scottish solicitors must remain vigilant to the threat of money laundering, as a new report from HM Treasury confirms the legal sector continues to be a key target for criminals.
UK Government responds to Money Laundering Regulations consultation
The UK Government has set out its intentions on making the the current Money Laundering Regulations (MLRs) more effective and proportionate in its response to an HM Treasury consultation.
SLCC praise for Law Society Client Protection Fund
The Scottish Legal Complaints Commission has praised the way Society’s Client Protection Fund is run in a recent report.
Gordon MacNeil FAQs
Cowdenbeath law firm Gordon MacNeil Solicitors has ceased to practise. A Judicial Factor has been appointed and is working to ensure secure transition of all files, documentation and the client account and we have put together answers to some of the most frequently asked questions.
New legislation to usher in major improvements to legal services regulation
A decade-long campaign by the Law Society has brought new legislation that will better protect legal services consumers and benefit Scotland’s legal sector. The Regulation of Legal Services (Scotland) Bill will see the Law Society continue as the independent regulator of Scottish solicitors, while gaining new powers to act in the public interest.
New rule proposals aim to improve consumer protections on trusts
Proposals for new Law Society of Scotland rules will increase protections for people who have set up trusts with solicitors. The new rules will be considered by members at the Law Society’s annual general meeting in June.
AML guidance for legal sector updated
The Legal Sector Affinity Group (LSAG) has updated its HM Treasury-approved anti-money laundering (AML) compliance guidance for the legal sector.
AML round up: February 2025
Catch up on all the latest anti-money laundering (AML) updates, news and guidance from the Law Society's AML team.
Companies House ID verification checks changes
Firms that fall under anti-money laundering (AML) supervision and wish to provide identification verification checks to Companies House on behalf of their clients will soon be required to register as Authorised Corporate Service Providers (ACSPs).
Government amendments to Legal Services Regulation Bill preserve supremacy of the rule of law
Scottish Government proposals for extensive new levels of direct government control and involvement in how Scottish solicitors work are to be removed from the Legal Services Regulation Bill, preserving supremacy of the rule of law,
Changes to AML Certificate
The 2024 Anti-Money Laundering (AML) Certificate will introduce changes aimed at streamlining the process and reducing the administrative burden on legal practitioners.
Restricting Complaints Guidance in practice
Following the introduction of new Law Society of Scotland Guidance on restricting complaints, Convener of the Society's Professional Practice Committee, Austin Lafferty has commented on how this will apply to solicitors in practice.
AML annual supervisory report 2024
The Law Society of Scotland’s annual anti-money laundering (AML) supervisory report highlights the range of AML initiatives undertaken between April 2023 and April 2024.
Scottish firms’ AML-related work nears £700m
Almost £700 million of gross fees across Scottish legal firms in 2023 related to work falling under anti-money laundering (AML) regulations, analysis of the latest AML Certificate has shown.
Concerns raised over AML Certificate data accuracy
The anti-money laundering (AML) sub-committee has called on Scottish legal practices to improve the accuracy of their AML Certificate data or risk disciplinary action.