Money Laundering: Scotland
2026-07-13 · Treasury · 18667 · Official question
Question
To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the Financial Conduct Authority to safeguard Scottish law firm clients' interests under the proposed transfer of AML supervision from the Law Society of Scotland to th
Answer
The Government consulted extensively on reform of the anti-money laundering and counter-terrorist financing (AML/CTF) supervision regime, including with representatives of the legal sector from across the UK. The Financial Conduct Authority (FCA) is well ...