News

SRA Publishes New and Revised Guidance
SRA Publishes New and Revised GuidanceNovember 12, 2021SRA publishes a number of new and revised Guidance documents and warning notices for solicitors covering topics including AML, equality and diversity and authorisation issues.Read More
New Cyber Losses Clause for Minimum Terms and Conditions
New Cyber Losses Clause for Minimum Terms and ConditionsNovember 1, 2021SRA announces the inclusion of  a new clause covering cyber losses for the minimum terms and conditions which is planned to come into effect from early 2022.Read More
Law Society statement on SIF
Law Society statement on SIFOctober 19, 2021The Law Society Council issues a statement on the closure of the Solicitors Indemnity Fund (SIF), expressing its ongoing commitment to working with the Solicitors Regulation Authority to facilitate an extension and outlining its belief that retaining the SIF would be in the best interests of the profession and wider society.Read More
SRA publishes new AML report
SRA publishes new AML reportOctober 15, 2021To comply with requirements placed on all supervisors by the Money Laundering Regulations, the SRA has published details of the work that it has carried out to make sure solicitors keep criminals from using the profession to launder money.Read More
Legal Regulatory Reform in Scotland
Legal Regulatory Reform in ScotlandOctober 3, 2021The Law Society of Scotland and the Scottish Government announces new consultation underway looking at the regulation of legal services in Scotland.Read More
Further calls for empowerment of consumers
Further calls for empowerment of consumersSeptember 19, 2021LSB launches yet another consumer focused consultation - this time on a draft statutory statement of policy on empowering consumers which outlines how regulators should ensure that people and small businesses who need legal advice have the information they need to shop around and exercise choice.Read More
SRA urges solicitors to respond to frozen asset list
SRA urges solicitors to respond to frozen asset listSeptember 16, 2021SRA reminds solicitors that they have just over month to check the latest HM Treasury Consolidated List of asset freeze targets to make sure they are not holding monies belonging to a client that is subject to financial sanctions.Read More
Practising in the Coroner’s Court
Practising in the Coroner’s CourtSeptember 14, 2021The SRA, the Bar Standards Board and CILEx Regulation publish new guidance and resources designed to ensure standards for solicitors, barristers and CILEX Advocates working in the Coroner's Courts.Read More
Fees and Compensation Fund Contributions to Fall
Fees and Compensation Fund Contributions to FallAugust 24, 2021SRA announces fall in practising fee levels for 2021/22, with the individual fee falling by £12 on last year's figures to £266, alongside a fall in the Compensation Fund contributions.Read More
More Technology Innovation Needed
More Technology Innovation NeededJuly 29, 2021Independent 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 firms working with individuals and small businesses.  Read More