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Practice Compliance weekly highlights—5 June 2025

Copyright © 2025 LexisNexis

Published on: 05 June 2025

Published by a LexisNexis Practice Compliance expert

Table of contents

Financial sanctions
OFSI publishes new financial sanctions video guidance series
Outcomes from the cross-government review of sanctions implementation and enforcement
Ex-Russian politician appeals UK’s first sanctions conviction
AML, CTF & counter-proliferation financing
UKFIU publishes May 2025 SARs Reporter Booklet
Other financial crime
Whistleblower rewards may soon materialise in UK
Other Practice Compliance updates this week
LSB takes enforcement action against SRA after Axiom Ince collapse and client money loss

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Article summary

This week's edition of Practice Compliance weekly highlights includes: analysis of outcomes from the cross-government review of sanctions implementation and enforcement, new OFSI video guidance on financial sanctions, the SRA’s consultation on proposed amendments to its first-tier complaints rules, and the Legal Services Board’s enforcement action against the SRA following the Axiom Ince collapse.

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