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The Solicitors Regulation Authority has concluded a regulatory settlement with Ranson Houghton LLP following an extensive investigation into the firm’s anti-money laundering systems, bringing the matter to a close in March 2026. The outcome followed a desk-based review conducted by the regulator’s proactive supervision team, which uncovered persistent and long-running compliance deficiencies. Central to the findings was the firm’s failure to maintain a properly documented fir

The Solicitors Regulation Authority is placing increasing emphasis on supervising smaller legal practices, demonstrated by a recent £1,596 fine issued to a Newcastle-based firm following serious failures in money laundering record-keeping. The enforcement action against Caisson Turner Legal Services reflects a broader shift in regulatory strategy, where smaller firms are no longer shielded from proactive oversight based on their size. The SRA investigation revealed an eight-y