The SRA’s AML data requirements 2025: What law firms need to know
The Solicitors Regulation Authority is sharpening its focus on financial crime compliance with the annual AML data collection exercise. The new questionnaire goes far beyond checking whether firms have policies in place. It demands hard data: when risk assessments were last updated, how many politically exposed persons (PEPs) your firm acted for, the size of […]
SRA diversity survey deadline: 4 July – access your free collection tool now
The Solicitors Regulation Authority (SRA) has announced the deadlines for its mandatory diversity survey. Firms need to report their diversity data to the SRA between 9 June and 4 July 2024. VinciWorks is offering all law firms free use of our Omnitrack software to collect their diversity data across your firm. Updated and categorised […]
The future of sanctions compliance in the UK: What the legal sector should know
The UK government has published a significant cross-government review of sanctions enforcement. This marks a decisive shift in how sanctions will be implemented, enforced, and supported in the years ahead. For compliance officers, the message is clear: expect broader enforcement powers, stronger penalties, clearer guidance, and increased scrutiny. Key reforms include a consolidated sanctions […]
Astute LXP May 2025 Update: Smoother, Faster, and More Flexible
The May 2025 update for Astute LXP (V3.3.3) brings a series of behind-the-scenes improvements designed to keep your learning platform running smoothly and efficiently. This month’s release focuses on making key admin tasks easier, improving performance for busy users, and fixing a few issues flagged by our community. Here’s what’s new in May: Enhancements Automatic […]
The rising cost of workplace discrimination claims
Workplace discrimination is not only wrong, but also expensive, and getting more so. For UK employers, the numbers speak for themselves. If an employee takes you to tribunal for discrimination and wins, the average award is far from pocket change. Disability discrimination tops the list, with an average award of £45,435. That figure alone […]
DOJ outlines new corporate enforcement priorities: What compliance teams need to know
The US Department of Justice (DOJ) has unveiled significant changes to its corporate enforcement policies, signalling a clear pivot in priorities under the second Trump administration. For compliance professionals, the new guidance and direction of travel outlined by the DOJ suggests a renewed focus on self-disclosure and a notable reduction in the use of compliance […]
Pope Leo XIV: Financial crime champion? What global compliance teams can learn from the Vatican’s fight against corruption
When Cardinal Robert Francis Prevost became Pope Leo XIV, he didn’t just become spiritual head of the Catholic Church, but also the temporal leader of one of the largest, oldest, and wealthiest international organisations. In the Vatican City, one of the smallest countries in the world, Renaissance frescos adorn the walls of air conditioned offices, […]
Preparing for failure to prevent fraud: Key steps before 1 September
From September 2025, large organisations in the UK will face a new corporate criminal offence: failure to prevent fraud. Introduced by the Economic Crime and Corporate Transparency Act 2023, this offence follows in the footsteps of earlier ‘failure to prevent’ laws targeting bribery and tax evasion. While the principle may be familiar, the new fraud […]
Sanctions risks are growing: OFAC’s 10-year rule meets Iran / Russia volatility
Nearly a year since OFAC doubled the statute of limitations for sanctions violations, global businesses face a drastically extended compliance horizon, just as tensions with Iran and Russia escalate and US policy veers toward unpredictability. With new secondary sanctions on the table and a widening enforcement net, the risk of past transactions becoming tomorrow’s violations […]
Are your risk assessments fit for purpose? How Glencore failed to prevent bribery
Mining giant Glencore’s 2023 bribery fine was one of the largest ever. £281 million for bribery in five African countries. The investigation revealed text messages, large cash withdrawals, and deliberately concealed payments indicating that Glencore paid bribes worth $29 million to secure access to oil. Company executives even flew to South Sudan with $800,000 in […]
