Regulation and compliance – Page 126
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NewsCriminal bar takes QASA challenge to appeal court
Dinah Rose QC argues that the scheme will have a ‘chilling effect’ on advocacy.
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NewsICAEW edges closer to approved regulator status
Chartered accountancy body already has LSB backing to regulate ABSs.
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NewsGrayling not giving up on regulatory reform
Lord chancellor tells justice committee that ‘quick fixes’ from the profession and regulators have not been forthcoming.
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NewsCouncil approves 17% cut in PC fee
Law Society’s governing council overwhelmingly endorses plans to reduce Law Society Group budget.
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NewsSRA warns in-house lawyers not to mislead third parties
Regulator has received ‘a number of complaints' about debt recovery letters.
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NewsSpecialist regulation is best, says BSB chair
Lady Deech counters recent calls for a single overarching legal regulator.
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NewsSociety turns to LSB after board clears cover reform
Minimum PII cover set to fall from £2m to £500,000, after SRA vote.
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NewsLPC applications down by 10%
This is the second consecutive year of decline, according to figures seen by the Gazette.
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NewsLegal Ombudsman demands CFA complaints action
The ombudsman demands to know when legal regulators plan to act on consumer complaints about conditional fee agreements.
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NewsLloyds defends recovery letters naming ‘SCM Solicitors’
Law firm was dissolved in 2011, but bank insists it makes clear SCM now part of in-house litigation.
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NewsRegulator approves PII reform
SRA board says reduction in minimum cover to £500,000 would cut premiums by 5%.
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NewsSRA braced for another big intervention
Compensation Fund contributions set to fall sharply, but regulator wary of pressure on reserves.
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News50% of chambers fail to comply with equality rules
A survey of 32 chambers carried out by the BSB revealed only six were fully compliant with the rules and 50% were not compliant.
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NewsBar regulator announces move into entity licensing
Publicly funded barristers will be able to set up structures that enable them to contract directly with the aid agency, taking control over work away from solicitors.
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NewsLegal executive-only firms mooted for next year
Super-regulator consults on granting CILEx entity regulation powers.
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NewsGrenadian wins LPC fight despite murder conviction
Selwyn Strachan had been sentenced to death in 1983 after a widely criticised trial.
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NewsWonga threatened customers with fake law firms
The UK’s biggest payday lender has entered an agreement with the Financial Conduct Authority to compensate around 45,000 customers.
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NewsPII changes threaten ‘solicitor brand’, says City society
City of London Law Society raises concerns about SRA plans to reduce minimum compulsory PII cover to £500,000.