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Mishcon de Reya hit with £232,500 fine over money laundering breaches

The latest fine relates to work for two clients between September 2015 and April 2017

Mishcon de Reya hit with £232,500 fine over money laundering breaches
Photo: Alamy

Law firm Mishcon de Reya has been fined £232,500 by its regulator over weak money laundering controls.

The Solicitors Regulation Authority said in a 5 January statement that the firm had made “serious breaches” of money laundering regulations that had the “potential to cause significant harm by facilitating transactions that gave rise to a risk of facilitating money laundering”.

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