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By Maria Ward-Brennan The UK’s legal regulator has contacted more than 1,000 law firms that it deemed to have poor sanctions compliance systems in place. The Solicitors Regulation Authority (SRA) gathered data from a number of law firms last year on their approach to financial sanctions via a questionnaire. From this, the regulator identified a large number of firms that indicated they had poor controls in place. As a result, the SRA said today it has written to more than 1,000 firms to provide them with more information and support, including guidance on completing firm-wide sanctions risk as…

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