News

New SRA Risk Outlook Report
New SRA Risk Outlook ReportJune 8, 2022A new Risk Outlook Report from the Solicitors Regulation Authority (SRA) has revealed that email remains a significant vulnerability for law firms and is involved in more than four out of five of all reported cybercrime incidents.Read More
SRA Announces Financial Penalties Plan
SRA Announces Financial Penalties PlanJune 4, 2022SRA publishes details of how it intends to move forward with its plans to update its approach to issuing financial penalties to law firms and solicitors who fall short of the expected professional standardsRead More
Publishing of Regulatory Decision Information Reviewed
Publishing of Regulatory Decision Information ReviewedMay 13, 2022SRA announces that it is to review the way it publishes decisions about disciplinary and regulatory action. It is seeking views on the principles that will guide how information is made available to the public and profession.Read More
SRA to seek extension of Solicitors Indemnity Fund
SRA to seek extension of Solicitors Indemnity FundApril 22, 2022SRA to seek a further 12-month extension to the Solicitors Indemnity Fund (SIF) to September 2023 so as to enable detailed consideration of key points raised in feedback to the consultation that ended in January.Read More
Law Society Launches Risk and Compliance Accreditation
Law Society Launches Risk and Compliance AccreditationMarch 28, 2022Law Society launches a new form of accreditation aimed at individuals working in the legal sector who want to demonstrate their knowledge and skill of risk and compliance to stakeholders and prospective clients.Read More
Financial Sanctions Update
Financial Sanctions UpdateMarch 19, 2022SRA updates its financial sanctions guidance to solicitors to make sure they adhere to the Government’s sanctions on Russian nationals and organisations in light of the conflict in Ukraine.Read More
SRA Consults on a Workplace Culture Rule
SRA Consults on a Workplace Culture RuleMarch 10, 2022Solicitors Regulation Authority launches a consultation on proposed changes to its rules that would reinforce its powers to deal with risks to clients and the public when these stem from a poor work culture in law firms and to clarify its approach to situations where a solicitor’s health affect his or her ability to practiseRead More
Law Society and LSCP Oppose SIF Closure
Law Society and LSCP Oppose SIF ClosureFebruary 17, 2022The Law Society and the Legal Services Consumer Panel have joined together in opposing Solicitors Regulation Authority plans to weaken consumer protection by closing the Solicitors Indemnity Fund (SIF) with nothing to replace it.Read More
Access to Legal Services
Access to Legal ServicesFebruary 11, 2022SRA commissions new research designed to take a wide-ranging look into what gaps in legal services provision may exist across England and Wales, and what impact this might have on different groups of consumersRead More
Increased Scams Warning from UK Finance
Increased Scams Warning from UK FinanceFebruary 2, 2022UK Finance’s Take Five to Stop Fraud campaign is warning small and medium sized enterprises (SMEs) in the UK to be alert for scams targeting businesses, especially those with people working from home.Read More