AML Audit Checklist for Law Firms
Navigate your next SRA or FCA inspection with total confidence using our rigorous compliance framework.
2026 SRA Audit & FCA Readiness
Is your firm truly AML audit-ready? Don’t wait for an SRA inspection or the FCA transition to find out. Our expert-led AML checklist covers 2026 requirements, from AML Policies to the new UK Sanctions List. Minimize your risk of heavy fines and regulatory action.
Regulatory AML Audit for Law Firms: Stop guessing. Start preparing.
Book a Free 20-Minute AML Consultation with an AML auditor. We’ll run your firm through the Lexsure Dynamic AML Audit Checklist to identify your exposure and give you an immediate action plan.
- Expert Insight: AML auditor with experience.
- Zero Cost: High-impact, no-obligation AML Audit gap analysis.
- Immediate Results: Advice delivered during the call.
Only 3 slots available this month. Due to high demand this service is only available to High Street Firms, Sole Practitioners and Boutique Specialist Practices.
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AML Checklist for Law Firms: Frequently Asked Questions
Discover answers to your AML compliance questions with our expert consulting services.
- How do we evidence that our AML Checklist for Law Firms is genuinely risk-based rather than a tick-box exercise?
- What level of detail should the AML Checklist for Law Firms go into for different practice areas such as conveyancing, corporate, and private client work?
- How should an AML Checklist for Law Firms align with our firm-wide risk assessment and matter risk assessments?
- What does the SRA typically expect to see when reviewing an AML Checklist for Law Firms during an inspection?
- How can an AML Checklist for Law Firms demonstrate effective and continuous fee earner oversight rather than one-off client checks?
- My firm has been selected for an SRA thematic review. Do you provide specific AML checklist for such an audit, or can I book a 20-minute consultation regardless?
- Can utilising your service as a "mock AML audit" be used as a mitigating factor if the SRA initiates a referral to an AML Assessment Officer for further investigation?
- What are the primary indicators within an AML Checklist for Law Firms that suggest a Firm-Wide Risk Assessment (FWRA) is no longer fit for purpose?
- How does the 20-minute consultation utilise the Lexsure framework to provide immediate feedback for a busy law firm or MLRO?
- How can an AML Checklist for Law Firms be structured to evidence meaningful senior management oversight and challenge, rather than simple operational sign-off?
- Would an AML Checklist for Law Firms vary depending on whether the regulator is conducting a remote audit or a onsite visit?
- In what specific ways must our AML Policy be updated within the checklist to account for 2026 changes in proliferation financing and sanctions PCPs?
- Is it anticipated that the FCA will publish its own official AML Checklist for Law Firms, or are we expected to build our own defensible framework?
- What is the rational for not providing a free ‘one-size-fits-all’ AML Checklist for Law Firms rather than requiring a personalised consultation?
- Do you provide a physical copy of the audit findings and the associated AML Checklist for Law Firms after the initial consultation?
- If your consultation identifies exposures in key documents like our FWRA, can your auditors help us draft the necessary remediation?
- How does the Lexsure framework bridge the gap between a high-level AML Policy and the granular procedures required for matter-level compliance?
- How should an AML Checklist for Law Firms reconcile conflicts between commercial pressures and risk-based AML decision-making without exposing the firm to regulatory criticism?
- Does the AML audit consultation include a free review of our firm’s AML Policies, CMRA, and FWRA?
Why AMLChecklist.com does not provide a downloadable AML Checklist for Law Firms
We do not provide a static AML Checklist for Law Firms on this website because effective AML compliance depends on a clear understanding of how each individual law firm operates in practice. Regulatory protection is not achieved through a downloadable templated AML checklist alone. To build an AML Checklist for Law Firms that is genuinely defensible, we need to understand your specific challenges, your client base, and the nature of your work, whether that involves local residential conveyancing or complex high value international matters. This understanding can only be achieved through a structured and informed conversation.
In much the same way as a firmwide risk assessment, generic AML checklists frequently create regulatory risk rather than reducing it. In the past the SRA has warned firms against the use of copied or generic policies, controls and procedures. An AML Checklist for Law Firms must reflect how risk actually arises within the firm, not how it appears in a standard template. In AML compliance for law firms, context matters.
AML compliance is not a one off exercise. A static AML Checklist for Law Firms can become outdated as soon as regulatory guidance changes or enforcement priorities shift. By engaging in a consultation, we ensure that your AML framework reflects current LSAG guidance and evolving SRA and even, to a certain extent, FCA expectations. Our approach focuses on creating a living audit trail supported by ongoing expertise, rather than a fixed list of rules. While some MLROs may prefer an off the shelf AML checklist, we believe a bespoke, discussion led approach is the most effective way to protect law firms in the current and emerging regulatory landscape.
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