Regulation and compliance – Page 129
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NewsLSB gives regulators power to select their own boards
Decision comes a day after clashes between the oversight regulator and representative bodies.
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News‘School-leavers only’ pledge by latest ABS
New fixed-fee entrant Riverview Law takes another step into the legal services market.
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NewsLSB chair bows out with splenetic attack on legal ‘trade unions’
David Edmonds calls for single regulator, but the bar's Deech derides proposal for body ‘staffed by quango kings and queens in the pocket of government’.
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NewsHudson: unrated indemnity insurers not an automatic risk
The Law Society has called for talks with Yorkshire Building Society to discuss its plans to remove law firms from its panel.
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NewsSRA set for insurance rethink
Regulator wants to counter the perception that it is ‘indifferent’ to small firms.
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Rethink call over entity-based regulation
The Law Society has called for the SRA to rethink a proposal to exempt some foreign European firms.
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NewsFormer SRA chief moves to financial complaints
Townsend will take on post of complaints commissioner from next week.
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NewsRegulator suspends QASA registration as challenge rumbles on
A renewed application for permission to appeal the dismissal of the judicial review has been listed for 9 May.
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NewsASA upholds complaint against ‘Mr Loophole’
Advert was misleading as it implied Nick Freeman would be directly involved with the details of each client’s case.
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NewsFirms to be left ‘high and dry’ by PII plan
Chief executive of Elite, which insures one in 10 practices, warns that rating costs will be added to premiums.
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Firms rebuked over compliance failure
Three more firms have been rebuked for not having compliance officers in place by the start of 2013.
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LSB pledges to cut costs
The Legal Services Board has said it will reduce its budget by £150,000 in the 2014/15 year.
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NewsFury at MP’s ‘solicitor from hell’ question to prime minister
North-west firm posts online statement following House of Commons question.
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NewsRegulators agree to open data to comparison websites
The LSB and Legal Services Consumer Panel want to open up the market for 'choose a lawyer' websites.
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NewsEversheds asks partners for capital following tax changes
The firm is seeking capital from partners following a crackdown by HMRC to clarify the definition of LLP membership.
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NewsJohn rages at ‘illiterate rantings’ of diversity report critics
Professor Gus John has dismissed as ‘wild and baseless’ criticisms of his report into the SRA.
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NewsSRA intervenes to close firm over suspected dishonesty
Regulator publishes notices confirming closure of Bury firm.
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NewsSociety: CPD plans ‘sending wrong signal’
The Solicitors Regulation Authority has proposed three options to overhaul the current ‘tick-box’ approach.
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‘Lifetime licences’ for sole practitioners
Sole practitioners will no longer have to apply each year for their status to be recognised following a rule change by the Solicitors Regulation Authority.
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NewsBar denies reported slump in tenancies
Tenancies for newly qualified barristers dipped 64% ahead of LASPO, figures show – but the Bar Council has rubbished its own statistic.