Kennedys CRO Cleared of AML Allegations as Former Partner Faces Tribunal Fine

The Solicitors Disciplinary Tribunal (SDT) has dismissed allegations brought against Andrew Coates, the Chief Risk Officer of Kennedys, related to anti-money laundering (AML) compliance. However, a former partner at the firm, Dennis Ko, was fined in connection to the same case. This legal action highlights the ongoing challenges that law firms encounter concerning AML compliance and due diligence. For further details, you can view the full article here.