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UK Law Firm Regulatory Compliance Tracker—February 2026: AML/Economic Crime Levy, Sanctions, Data Protection & AI, ADR, LeO/LSB and Client Account Interest

Published on: 18 February 2026

Published by a LexisNexis Practice Compliance expert
Legal News
Table of contents
  • New items we’re tracking this month
  • Updates to existing items we’re tracking
Article summary

As at 17 February 2026, our Practice Compliance forecast monitors proposed regulatory developments affecting law firm compliance, enabling you to prepare for changes that may impact your organisation. Please review it thoroughly; key matters that should be on your radar are highlighted below.

New items we’re tracking this month

  • Economic Crime Levy changes—HMRC has confirmed a rise in the Economic Crime Levy, effective from the financial year commencing April 2026. The names and descriptions of the bands have also been revised to align with the updates introduced in Budget 2025. See: AML, CTF and counter-proliferation financing
  • OFSI Call for evidence: Ownership and control test—OFSI has opened a call for evidence on how the ownership and control test in UK financial sanctions regulations is applied in practice.
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