Regulation and compliance – Page 130
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NewsSociety opposes appointments power transfer
LSB wants frontline regulators to pick their own boards, rather than have them chosen by professional bodies.
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NewsRegulator seeks to lift ABS barriers for one-stop shops
Regulator to draw up changes to authorisation of multi-disciplinary practices.
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NewsGovernment wants power to fine rogue CMCs
The Ministry of Justice said new fining powers could mean some cold callers will be fined millions of pounds.
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NewsLegal diversity groups reject John report on race
Racism faced by BME solicitors in disciplinary matters is as serious for the legal profession as the Lawrence inquiry was for the police, diversity groups have alleged.
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NewsSRA seeks to lift burden on sole practitioners
Sole practitioners will be allowed to apply for lifetime licences.
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NewsErnst & Young to enter UK legal market
Philip Goodstone, corporate managing partner at City firm Addleshaw Goddard, will join EY as a partner.
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NewsSRA’s unrated PII ban puts firms at risk, says Society
The regulator wants to avoid the problems caused by insolvent insurance providers in recent years.
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NewsSRA seeks first lay chair
Successful candidate will earn £90,000 for 100 days’ work a year, advertisement says.
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NewsDon’t flout data protection rules, ICO warns law firms
PI firms could face fines if they have obtained work through nuisance calls and spam texts.
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NewsSRA concerned at whistleblowers’ silence on finances
Regulator suggests levels of self-reporting have been lower than expected.
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NewsBarrister to be disbarred for practising while suspended
Bruce Tattersall appeared in pre-trial hearing and trial while suspended.
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NewsFormer council chief to chair super-regulator
Sir Michael Pitt will take over from David Edmonds on 1 May.
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NewsSolicitor and firm numbers holding up, SRA figures show
Rise in firm closures offset by new startups.
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NewsNew SRA boss to review ‘burden of regulation’
Paul Philip acknowledges that many firms feel they are asked to do too much to comply with regulations.
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NewsICAEW gears members up for probate land-grab
Accountancy regulator already has a number of firms waiting to conduct reserved activities in probate.
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NewsBME solicitors more harshly treated – but SRA cleared of racism
Gus John report calls for ‘more nuanced approach’ to enforcement after finding disproportionately heavy penalties.
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NewsCompensation hope for clients of ‘dishonesty’ firm
In July last year the SRA closed Deidre Newell-Austin’s firm Austin Law citing ‘reason to suspect dishonesty’.
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NewsMoJ rubber-stamps new licensing powers
Ministry approves LSB recommendations to broaden licensing powers, to include the ICAEW and CILEx.
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NewsSpear-phishing warning over bogus SRA emails
Hacking expert says law firms are tempting and easy targets.
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Merger rush presents new risks, says SRA report
Legal profession is shrinking at a rapid pace in the face of competitive pressures, regulator reports.





















