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UK Law Firm Compliance Forecast, 18 February 2025: Key Regulatory Developments in AML/CTF, FATF, Data Protection, AI, ECCTA Fraud, Complaints Handling and Employment

Published on: 19 February 2025

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

Our Practice Compliance forecast dated 18 February 2025 monitors anticipated regulatory developments affecting law firm compliance, helping you prepare for any updates pertinent to your organisation. Please read it closely; however, a few points that warrant attention are outlined below.

New items we’re tracking this month

  • JMLSG consultation on updates to Part I of its Guidance—The Joint Money Laundering Steering Group (JMLSG) has opened a consultation on planned changes to Part I of its Guidance. Responses are due by 28 March 2025. See: AML, CTF and counter-proliferation financing.
  • FATF Plenary—The forthcoming Plenary will be held on 19–21 February 2025. Agenda items include tackling illicit finance tied to global crime. It will additionally emphasise advancing financial inclusion through a risk-based approach to FATF Standards...

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