Tag Results
SRA attacks “disproportionate and unnecessary” money laundering regulations
Thursday, 20 April 2017New anti-money laundering regulations planned by the Treasury would impose “disproportionate and unnecessary” burdens on law firms, the Solicitors Regulation Authority has warned. It was particularly unhappy about a ‘criminality test’ for lawyers.
Tags: money laundering, Solicitors Regulation Authority, Treasury
Posted in Latest news, Regulation, Solicitors
Separation would be better for both of us, SRA leaders tell Law Society
Thursday, 3 December 2015The leaders of the Solicitors Regulation Authority have made it clear that they believe it would be better for the public and the profession if they had complete independence from the Law Society. They were responding to the Treasury’s announcement earlier this week on independent regulation.
Tags: independent regulation, Law Society, Solicitors Regulation Authority, Treasury
Posted in Latest news, Legal Services Act, Regulation, Solicitors
Government promises to clear way for supermarket and estate agent ABSs
Monday, 30 November 2015The government said today that it will “further reduce barriers” to make it easier for alternative business structures, such as supermarkets and estate agents, to offer legal services like conveyancing, probate and litigation. It will also seek the complete separation of regulators from representative bodies.
Tags: Alternative business structures, Legal Services Board, Treasury
Posted in Alternative business structures, Latest news, Legal Services Act
Huge rise in number of lawyers disciplined for money laundering, Treasury reports
Thursday, 9 April 2015There has been a massive increase in the number of lawyers disciplined by their professional bodies for breaking the rules on money laundering, a Treasury report has found.
Tags: Law Society, money laundering, National Crime Agency, Treasury
Posted in Latest news, Legal Executives, Other lawyers, Regulation, Solicitors
Blog
Keeping the conversation going beyond Pride Month
As I reflect on all the celebrations of Pride Month 2024, I ask myself why there remains hesitancy amongst LGBTQ+ staff members about when it comes to being open about their identity in the workplace.
Third-party managed accounts: Your key questions answered
The Solicitors Regulation Authority has given strong indications that it is headed towards greater restrictions on law firms when it comes to handling client money.
Understanding vicarious trauma in the legal workplace
Vicarious trauma can happen to anyone who works with clients who have experienced trauma such as domestic or other violence, child abuse, sexual assault, torture or being a refugee.
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