Henwood Twenty Two Limited fined following AML investigation
A Kent-based law firm has agreed to pay a £23,032 fine following an investigation into breaches of anti-money laundering regulations.
Solicitors Regulation Authority (SRA) confirmed that Henwood Twenty Two Limited, a licensed body trading as Robson & Co Solicitors of 147 High Street, Hythe, entered into a regulatory settlement agreement dated 11 February 2026. The outcome was published on 26 February 2026.
Under the agreement, the firm will pay a financial penalty of £23,032 under Rule 3.1(b) of the SRA Regulatory and Disciplinary Procedure Rules, as well as £600 towards the costs of the investigation. The firm also agreed to the publication of the agreement.
The SRA launched its investigation following a review by its AML Proactive Supervision team. It identified concerns regarding compliance with the Money Laundering, Terrorist Financing (Information on the Payer) Regulations 2017 (MLRs 2017), as well as breaches of the SRA Principles and Codes of Conduct in force before and after November 2019.
Between 1 February 2019 and 3 November 2025, the firm failed to establish and maintain fully compliant policies, controls and procedures (PCPs) to mitigate and manage the risks of money laundering and terrorist financing, as required under Regulation 19 of the MLRs 2017. During the same period, it also failed to conduct compliant client and matter risk assessments (CMRAs) in breach of Regulation 28.
The firm admitted that, up to 24 November 2019, it breached Principles 6 and 8 of the SRA Principles 2011 and failed to achieve Outcomes 7.2 and 7.5 of the SRA Code of Conduct 2011. From 25 November 2019 onwards, it breached Principle 2 of the SRA Principles 2019 and paragraphs 2.1(a) and 3.1 of the SRA Code of Conduct for Firms 2019.
The regulator said the conduct demonstrated a disregard for statutory and regulatory obligations and had the potential to facilitate money laundering or terrorist financing. The risks were heightened by the firm’s involvement in significant volumes of in-scope work, including conveyancing, which is regarded as a high-risk area.
In assessing the penalty, the SRA determined that the nature of the misconduct was “more serious” and that the impact was “medium”, placing the matter in Band C under its published fining guidance. The basic penalty was calculated at £25,591 based on the firm’s annual domestic turnover for 2025/2026, before being reduced to £23,032 to reflect mitigation.
The SRA acknowledged there was no evidence of harm to consumers or third parties, that the firm had since implemented compliant AML systems, and that it had cooperated with the investigation.