Cockshott Peck Lewis

Findings — machine-extracted (anthropic-batch:claude-opus-4-8); verify against the decision

The Solicitors Disciplinary Tribunal dealt with the matter on the papers by way of an Agreed Outcome. The firm Cockshott Peck Lewis admitted three allegations of AML compliance failings: failing to have a Firm Wide Risk Assessment between June 2017 and February 2023; failing to conduct Client and Matter Risk Assessments on four client files; and failing to ensure relevant employees received AML training, all in breach of the MLRs 2017 and associated SRA Principles and Codes. The Tribunal approved a fine of £24,892.82 and costs of £5,107.18. No dishonesty was alleged or found.

Duties found breached:

• AML and crime-prevention compliance
• Good faith and courtesy to colleagues
• No conflict between current clients
• Non-discriminatory acceptance and cab-rank
• Not misrepresent regulated status