News – Page 116
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NewsSRA warns firms could be liable for imposters
Regulator says 46% of all reports about bogus practices involve the identity theft of a law firm or solicitor.
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NewsRegulator promises ‘flexible’ route to profession
Some 2,000 solicitors have contributed to a ‘competence statement’ identifying the skills that new members of the profession should have.
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NewsClaims management complaints regime to begin in January
Ministry of Justice says expansion costs – estimated at around £2.9m a year – should be met by the industry itself.
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NewsKennedys becomes ABS but no external investment planned
Top-30 firm says new status will give it more opportunities to grow.
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NewsHundreds of firms given PII false alarm
Regulator blames poor data from insurers as it informs firms - incorrectly - that they may be entering cessation period.
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NewsFirm acts against ‘spy in the cab’
Maitland Hudson starts proceedings against former compliance officer over removal of documents he passed to the SRA.
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NewsBSB reveals three chambers with immediate financial issues
Trio subject to monitoring by regulator, following pilot supervision scheme.
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NewsOutstanding compensation fund claims value halved
Pending value of open claims has dropped 27% since the end of June.
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NewsSuper-regulator appoints new chief executive
Richard Moriarty will join the Legal Services Board in early 2015.
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NewsSolicitor charged with fraud
Andrew John Taylor, 57, will appear at Stockport Magistrates’ Court on Monday.
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NewsWills complaint scheme ‘bare minimum’, says ombudsman
Chief ombudsman Adam Sampson today suggests a voluntary scheme for unregulated providers.
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NewsFirms face new hurdle for credit work
SRA proposes firms carrying out consumer credit activities apply to the FCA for authorisation.
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NewsSRA warning on money laundering
Regulator also ready to discuss changes to firms holding client money.
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NewsABS waivers hurting law firm competitors
Some 17% of ABS licence holders granted separate business waivers, LSB research finds.
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NewsSurvey to test legal regulation costs ‘hypothesis’
The Legal Services Board will conduct a survey to get views on whether regulation costs too much.
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NewsWinehouse row coroner sanctioned by SRA
Solicitor found to have breached six rules or principles following furore over Amy Winehouse inquest.
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NewsCourt of Appeal throws out QASA challenge
Master of the rolls says the scheme does not undermine the independence of the advocate or the judiciary.
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NewsLegal Ombudsman to open online complaints portal
Watchdog says new system and office move will save £2m a year.
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News55% rise in actions against solicitors
Regulator accuses larger firms of 'aggressive defence tactics'.
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NewsChartered accountants grant first ABS licence
Top-20 accountancy firm approved to carry out probate work.