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Rumbles of Thunder on the Continuing Competence Horizon
Wednesday, December 15, 2021
The somewhat laissez-faire approach to legal competence that has been the approach of many in recent years may be about to come to a close. Not only has the Legal Services Board (
Being Kind Could Soon Be Mandatory
Friday, December 10, 2021
As LawCare research project reveals worrying levels of depression, stress and anxiety amongst solicitors, the Solicitors Regulation Authority (SRA) is coming under pressure to take
Greater Support Needed with Menopause
Sunday, December 5, 2021
Following ‘menopause awareness month’ in October, employers everywhere are being urged to do more to assist women experiencing the menopause. The call comes after recent reports i
SRA Consults on Options for Post Six-Year Run-Off Cover
Thursday, December 2, 2021
The Solicitors Regulation Authority is inviting views on options for the future of post six-year run-off insurance cover (PSYROC) and the Solicitors Indemnity Fund (SIF). PSYROC i
Data Protection and Common Sense
Friday, November 12, 2021
The coming into force of the General Data Protection Regulation (GDPR – now the UK GDPR) did not revolutionise data protection and the management of data nor preserve personal info
SRA Publishes New and Revised Guidance
Friday, November 12, 2021
The Solicitors Regulation Authority (SRA) has this week published a number of new and revised SRA Guidance documents for solicitors. The SRA Guidance documents, which cover a rang
SRA Enforcement Activity of AML Obligations
Thursday, November 11, 2021
Enforcement of the Money Laundering Regulations 2017 With apologies to some, we return again to the topic of compliance with the anti-money laundering obligations this month in the
New Cyber Losses Clause for Minimum Terms and Conditions
Monday, November 1, 2021
The Solicitors regulation Authority has announced that a new clause, making it clear what cover will be provided for cyber losses, will be added to the minimum terms and conditions
Responsibilities as Trust and Company Service Providers
Tuesday, October 19, 2021
The whole issue of what is involved in being a “trust and company service provider” (‘TCSP’) has been receiving much more attention from the SRA of late. Any failure to get to gri
Law Society statement on SIF
Tuesday, October 19, 2021
The Law Society Council has issued a statement on the closure of the Solicitors Indemnity Fund (SIF), expressing its ongoing commitment to working with the Solicitors Regulation Au
SRA publishes new AML report
Friday, October 15, 2021
In its latest threat assessment, the National Crime Agency (NCA) has estimated that at least 70,000 people are currently engaged in serious organised crime in the UK, with upwards
Legal Regulatory Reform in Scotland
Sunday, October 3, 2021
The Law Society of Scotland and the Scottish Government have announced that a new consultation is underway looking at the regulation of legal services in Scotland. The Scottish Go
Guidance on Sanctions Controls
Wednesday, September 22, 2021
As many law firms will testify, finding that a client is listed on the consolidated sanctions controls list maintained by HM Treasury will be one of the most frustrating compliance
A New Direction for Data Protection
Monday, September 20, 2021
There can be little argument that the current regime for data protection in the UK has become complicated. Moreover, since the introduction in the UK of the General Data Protectio
Further calls for empowerment of consumers
Sunday, September 19, 2021
The Legal Services Board (LSB) has launched yet another consumer focused consultation – this time on a draft statutory statement of policy on empowering consumers which outlines ho
SRA urges solicitors to respond to frozen asset list
Thursday, September 16, 2021
The Solicitors Regulation Authority (SRA) has reminded solicitors that they have just over month to check the latest HM Treasury Consolidated List of asset freeze targets to make s
Practising in the Coroner’s Court
Tuesday, September 14, 2021
The Solicitors Regulation Authority, the Bar Standards Board and CILEx Regulation have published new guidance and resources designed to ensure standards for solicitors, barristers
Fees and Compensation Fund Contributions to Fall
Tuesday, August 24, 2021
The Solicitors Regulation Authority (SRA) has announced that individual practising fee levels for 2021/22 are to fall. The proposed fees were set by the SRA Board in July and the
SRA Reports and Priorities
Monday, August 23, 2021
The SRA issued its annual “Upholding Professional Standards” report for 2019/20 last month. In so doing they have outlined some of their more public activities and have also provid
More Technology Innovation Needed
Thursday, July 29, 2021
Independent research into innovation in the legal sector carried out on behalf of the Solicitors Regulation Authority (SRA) has revealed that there is insufficient advancement for
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