Five Key Takeaways from the 2025 National Risk Assessment
The new National Risk Assessment (NRA) guidance indicates that the legal sector remains a prime target for criminals.
The updates to the UK national risk assessments reflect increased threats from geopolitical conflict, emerging technologies, and weak business defenses, with legal firms being closely scrutinized.
Published by HM Treasury and the Home Office, the updated NRA is based on regulatory data, intelligence reports, and industry supervisor feedback, incorporating five years of insights.
The legal sector remains an attractive target for criminals.
Areas affected include property transactions, company formations, trusts, and international clients.
Author's summary: New NRA guidance highlights the legal sector's vulnerability to criminal activity.