Just under half (42 per cent) of regulated firms have reported a rise in financial crime attempts, according to anti-money laundering provider SmartSearch.

The survey, which asked over 500 UK businesses across the legal, property, finance and accountancy sectors, found nearly half (48 per cent) of legal professionals, solicitors and conveyancers reported a rise in financial crime attempts in 2023, compared to 34 per cent the year prior.

https://www.ftadviser.com/your-industry/2024/02/27/half-of-firms-battle-surge-in-financial-crime-attempts/