AML annual supervisory report 2025

The Law Society of Scotland has published its latest annual report on anti-money laundering (AML) supervision, highlighting the breadth of AML activity from April 2024 to April 2025.

In this report, we outline how we met our supervisory responsibilities under the Money Laundering Regulations 2017 and share key insights into the performance and risk profile of regulated firms.

Our report provides insight into:

• The Scottish legal sector based on size, location, scope of work and risk profile.
• The AML supervisory assurance work undertaken and the outcomes thereof.
• Thematic review work undertaken.
• Efforts undertaken to maintain and enhance intelligence sharing on a national level.
• Guidance and support offered to the Scottish legal profession.

Ben Kemp, chief executive of the Law Society of Scotland, said: "The Law Society of Scotland remains steadfast in its commitment to upholding the rule of law, public trust, and the highest ethical standards across the legal profession. Throughout this reporting year, our AML supervisory work has continued to protect the integrity and reputation of Scottish solicitors, ensuring the sector’s resilience in the ongoing fight against financial crime."