News – Page 72
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News focus: The colour of a client’s money
As the SRA renews its drive to clamp down on money laundering, law firms have been put on notice that they will need to show how they are complying with the rules – or face hefty sanctions.
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SRA prepares for 'no deal' with QLTS changes
Exemptions to be offered for all foreign qualified lawyers but not on topic by topic basis.
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SRA delays advent of the freelance solicitor for six months
Regulator will also impose digital badge requirement on all firms from November.
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Conveyancers 'too close' to developers, MPs claim
Select committee told that some developer-recommended solicitors failed to advise buyers of onerous lease terms.
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LSB chief hints at tougher CPD requirements
Neil Buckley says legal profession has much to learn from medical sector in how lawyers show continuing competence.
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Regulator defends ABS record fine for misleading letters
FindMyClaims.com’s £124,436 fine was equivalent to just 1% of annual turnover.
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Solicitors warned to expect extension of price transparency rules
Iain Miller says most firms have only done the bare minimum to comply - which could spur the SRA to further action.
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Firm fined record £124,000 for sending millions of misleading letters
SRA-regulated PPI specialist Findmyclaims says it has changed its marketing methods and quality controls.
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Solicitor fined after lending vulnerable client £27k at 60% interest
Richard Barca tells tribunal he was trying to help client who faced losing her home and livelihood.
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New firm taps soaring demand from lawyers for advice on regulatory maze
Bennett Briegal says instructions from lawyers have increased as rules become more complex.
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Lawyers drawing up NDAs could be breaking the law, MPs told
Academic tells select committee that some solicitors ‘out of kilter’ with professional duties.
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Junior lawyers demand review of approval process amid SQE row
Legal Services Act should make room for an appeal process, says Junior Lawyers Division.
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ICAEW loses appeal to regulate all legal services
Accountancy body cannot convince High Court judges to overturn Lord Chancellor’s decision.
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'Unethical' use of NDAs prompts consultation on laws to protect victims
Minister warns that confidentiality clauses being used to intimidate victims and conceal harassment and discrimination
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Lawyers warned over potentially negligent GDPR advice
Legal compliance expert says that firms may need to take action over potential breaches of data protection rules.
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LSB gives green light to bar training reforms
Memorandum of Understanding between Bar Standards Board and Inns of Court set to be agreed.
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Ban for paralegal who lied about qualifications
Hani Hussein has also been rebuked and fined £2,000 by the SRA.
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LSB refuses to publish private talks with SRA over Leigh Day
Regulatory bodies met six times to discuss case, but public interest does not require notes to be disclosed.
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SRA promises to publish disciplinary study
Report will bring together data about cases the regulator has prosecuted, incoming chair reveals.
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‘Lax’ LSB failed consumers by sanctioning deregulation
Law Society rules out JR of decision to approve Handbook reforms, but lambasts super-regulator for ducking its responsibilities.