News – Page 113
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SRA announcement ‘unsettles’ junior lawyers
Regulator to withdraw from voluntary code on good practice for trainee recruitment from end of March 2015.
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SRA warns of ‘Friday afternoon fraud’ risk
Regulator continues to get regular reports of scammers stealing from firms despite repeated warnings not to disclose sensitive details.
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Companies warned of compliance risks
More than half of CCOs do not feel their compliance department is sufficiently integrated into corporate decision-making and strategy.
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Regulator probes firm representing Iraqis
British soldiers were exonerated last year by the Al-Sweady inquiry after claims they were involved in murder and torture.
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SRA dumps trainee code of best practice
Regulator says it is 'not appropriate' for the authority to be involved in recruitment practices.
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Galloway firm denies breaching SRA rules over Twitter letters
Bradford firm says issue over letters sent to Twitter users is a ‘non-news story’.
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Super-regulator targets ‘unnecessary’ in-house rules
LSB calls on regulators either to justify restrictions on in-house lawyers or get rid of them.
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City lawyers’ horror at ‘interminable’ training review
‘Please let this exhausted dog sleep’ – City of London Law Society.
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Barrister disbarred for practising without valid PC
Jonathan Oultram practised as a barrister from March 2013 to January 2014 despite not being properly authorised to do so.
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SRA taken to task over perceived City bias
Solicitors Disciplinary Tribunal said it had been placed in ‘a most unsatisfactory position’ by the regulator.
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SRA apologises for trainee ‘confusion’
Regulator had released figures suggesting a sharp increase in the number of trainee solicitors.
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LSB rubber-stamps abolition of mandatory CPD
Hours-based requirement for continuing education will be phased out from 1 April.
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Alarm at plan to relax separate business rule
Law Society warns SRA proposals will increase number of unregulated firms to the detriment of consumers.
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Intervention papers may be destroyed, court rules
High Court decision clears way for immediate destruction of 1.5 million seized files.
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‘Fake firm’ probe: no decisions, SRA admits
Last week City of London Police said there was not sufficient evidence to bring criminal charges against payday lender Wonga.
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Tackle ‘credibility vacuum’, regulator told
The Law Society says the SRA should offer more advisory support as a precursor to enforcement.
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Law Society: give accountants more guidance on breaches
Chancery Lane responds to consultation on issues that would require accounts to be sent to the regulator.
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Cleaner banned from working in law firms
Solicitors Regulation Authority issued ‘control of non-qualified staff (section 43)’ decision.
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SRA urged not to relinquish insolvency regulation
The Law Society says most solicitor IPs do not want to be regulated by an accountancy regulator.
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Society puts trainee minimum salary back on agenda
Junior Lawyers Division working with Chancery Lane to establish recommended minimum wage as part of four key focus areas in 2015.