News – Page 71
-
News
City watchdog cools on 'duty of care' rule for financial services firms
The UK’s markets watchdog has gone cold on the idea of a new ‘duty of care’ safeguard for consumers that would enable fresh compensation claims in the event of future financial services scandals. Last year the Financial Conduct Authority published a discussion paper on introducing a duty or legal obligation ...
-
NewsSRA defends omitting sex from 'inclusive' diversity questions
Regulator changed format in 2017 to ask about gender rather than sex.
-
NewsSolicitor's strike-off overturned as judge cites 'lack of clarity' at SDT
Mr Justice Martin Spencer says the sanction against Mark Lorrell was made on a ‘wrong or false basis’.
-
NewsOvertime and an overpayer - SRA bans two more dishonest employees
Section 43 notices issued against non-solicitors from Oxford and Cardiff respectively.
-
NewsConveyancing regulator plans to allow third-party managed accounts
Proposal among several measures aimed at streamlining the handling of client money.
-
News'No rationale' for 'patchy' protections under freelance solicitors, says watchdog
Consumer panel says SRA has gone back on its pledges to ensure clients would be properly protected.
-
NewsLegal Ombudsman costs set to creep up to five-year highs
Complaints handler suggests it has a positive future after period of instability and change.
-
News
Law firm sacks partner for 'inappropriate conduct'
Senior partner says ‘swift action’ was taken once behaviour came to light.
-
NewsMP Fiona Onasanya charged with misconduct by SRA
Labour member for Peterborough convicted of criminal offence in December.
-
NewsFresh bid to toughen protections for consumers of 'freelance' solicitors
Law Society urges Legal Services Board not to approve SRA reforms in their entirety.
-
NewsLower standard of proof for errant solicitors, SDT confirms
Body makes decision after consultation last year - and denies this makes it easier to find solicitors guilty.
-
NewsSolicitor fined £45k for putting son's interests over other clients
Leaseholder clients did not see report that would have made them aware of cost of purchasing freehold.
-
NewsConveyancers 'not explaining leaseholds', SRA claims
Solicitors ’potentially leaving their clients exposed to significant risk or potential financial hardship’.
-
NewsConsumer watchdog piles on pressure with new 'quality' focus
Legal Services Consumer Panel bemoans ‘dearth’ of information on quality available to the public.
-
NewsAllen & Overy solicitor prosecuted over Weinstein NDA
SRA chief executive reveals disciplinary process moved forward last week.
-
NewsCMCs begin new regime with regulators seeking cowboy clampdown
Financial Conduct Authority confirms 900 companies want to continue operating in sector.
-
NewsAvoid ‘mission creep’ of BSB and Bar Council overlap, regulator urged
Bar Council and Bar Standards Board have ’obvious areas’ where work is overlapping.
-
NewsJudge asks: Why treat lack of integrity more leniently than dishonesty?
High Court judgment raises issue of why loss of integrity is not penalised as seriously at Solicitors Disciplinary Tribunal.
-
NewsSolicitor led 'Ponzi' ruse to suck investors into doomed scheme, tribunal hears
SRA alleges Charles Valentine Fraser-Macnamara allowed misrepresentations to be made to potential investors.
-
NewsSRA urged to push government for greater fining powers
Call comes as LSB reports favourably on the SRA’s enforcement strategy.