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UK FCA is best suited to regulate AML at law firms, lawmaker Rigby says

By Martin Coyle and Sofia Gerace ( November 4, 2025, 17:01 GMT | Insight) -- The UK Financial Conduct Authority is “best suited” to take on anti-money laundering regulation for law firms, senior lawmaker Lucy Rigby said Tuesday. In October, the finance ministry said the FCA would take control of regulating law and accounting firms over their adherence to anti-money laundering rules, in a bid to simplify the current regime.The UK financial regulator is “best suited” to take on anti-money laundering regulation for law firms, senior lawmaker Lucy Rigby said Tuesday. ...

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