The Solicitors Regulation Authority (SRA) reported transactions potentially involving money laundering worth over £75m to the National Crime Agency (NCA) in the last financial year.

Small firms dominated once again, with 70% of the 24 suspicious activity reports (SARs) sent by the SRA to law enforcement involving sole practices or law firms with 10 or fewer fee-earners, and the majority relating to conveyancing.

https://www.legalfutures.co.uk/latest-news/small-firms-at-heart-of-aml-reports-made-by-sra