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The Solicitors Disciplinary Tribunal has taken the highly unusual step of throwing out proceedings taken against a solicitor, finding that the actions of the Solicitors Regulation Authority constituted an abuse of process.

Eighteen solicitors were sanctioned by the Solicitors Disciplinary Tribunal last year for breaches of anti-money laundering obligations, the Law Society has reported. It has also identified alternative business structures as among the increased risks of money laundering facing the profession.

The Legal Services Board has called on the government to support a bid by the Solicitors Regulation Authority for a massive increase in the amount it can fine law firms. The SRA wants to increase its power to fine law firms from £2,000 to £250m, and to £50m for individuals.

A solicitor heavily involved with failed claims handler The Accident Group (TAG) has lost his appeal against a High Court decision to strike him off. Anthony Dennison had initially just been fined by the Solicitors Disciplinary Tribunal.

The Court of Appeal yesterday quashed the conviction of a solicitor jailed for fraud and money laundering in £650,000 worth of property transactions. However, a conviction for perverting the course of justice – for selling a Lamborghini that was subject to a freezing order – was unaffected.