Regulation and compliance – Page 135
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NewsClients unwilling to pay extra for regulation costs
LSB survey finds little public enthusiam for clients paying for their own regulatory protection.
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NewsLiquidator confirms redundancies at closed firm Follett Stock
Job losses follow SRA decision to shut down the practice.
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NewsSRA director: we cannot enforce spirit of referral fee ban
Executive director says those wanting a new approach should look to Westminster.
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NewsSRA reports 85% success rate for PC renewals
Renewals rate exceeds 2012/13 figure as regulator considers next step.
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NewsOmbudsman gloomy about powers extension
No immediate prospect of taking on complaints about claims management companies.
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NewsSaga Law aims at ‘gap in the market’
Joint venture between Saga and Parabis Law to begin trading next year.
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NewsBarristers are watched over like naughty children, says chief
Legal regulation too cumbersome and too expensive, bar chair tells conference.
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NewsLack of PII puts 153 firms on cessation list
If they fail to secure cover by 29 December they will have to close.
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NewsLooming PII deadline could sink 176 firms
Firms that have not secured insurance cover by the end of today must cease practising.
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NewsSix new faces join consumer watchdog
The Legal Services Board has named the latest members of the consumer panel.
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Firms increase borrowing to fund PC renewals
Reliance on lending has doubled during current ’pinch point’.
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NewsChallinors creditors left with nothing
The demise of the Midlands partnership is expected to cost around 250 creditors a total of £7.1m.
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NewsSociety backs challenge to advocacy quality scheme
The High Court will hear the challenge to QASA at the end of November.
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NewsSRA snaps up LSB director for management role
Crispin Passmore will have responsibility for education and training.
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NewsABSs 'more productive' than traditional law firms, says LSB
Legal oversight regulator says reform of market has been good for consumers.
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NewsMoJ fined £140,000 for data breach
Watchdog serves penalty following Cardiff prison data breach.
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NewsSRA to finish COLP and COFA enforcement work this month
The regulator has had to investigate almost 1,000 firms during the nomination process
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NewsPI firms ignoring rules to comply with referral fee ban, says SRA
Warning note comes after analysis of first six months of the referral fee ban.
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NewsAnti-corruption warning to in-house
Analysis of bribery prosecutions says most corrupt payments are not detected.