All Regulation and compliance articles – Page 10
-
NewsCMS's head cashier sent money to her own account disguised as 'interest'
Employee stole a 'considerable amount of money' on 124 occasions and took steps to conceal the payments.
-
OpinionDeregulation is on its way
Widespread introduction of compliance rules is now seen as too burdensome or, in the case of the US, too woke. The pendulum is swinging the other way, for good or ill.
-
NewsIn depth: AI regulation falters as UK snubs international accord
Legal controls over development and use of artificial intelligence hit an obstacle last week, as the US and UK refused to back a statement in support of AI regulation signed by 60 other countries.
-
NewsTrainee barred for inappropriate behaviour toward colleague at social event
SRA says behaviour that included touching colleague without consent has had lasting impact.
-
NewsSRA will not enforce £120,000 fine because firm has gone bust
Regulator says there are exceptional circumstances in the public interest to reduce the financial penalty levied against UK arm of US-based firm to zero.
-
NewsSRA to bear costs of failed prosecution 'shambles'
SRA officer admitted that she had not carried out ‘wide-ranging investigation’ following firm's self-report.
-
News‘Disruptive’ SRA doesn’t understand profession, say Joint V law societies
Representative groups from Birmingham, Bristol, Leeds, Liverpool and Manchester warn of extra risks being created.
-
NewsFirm boss failed to disclose bulk claim flaws
SDT fines Bolton practitioner who tried to move into mortgage mis-selling claims with disastrous consequences.
-
NewsIn depth: Should solicitors hold client money?
Would it be simpler and safer if law firms didn’t hold client money? That is one proposal in a landmark SRA consultation on client protection which closes later this month. Solicitors are sceptical.
-
OpinionGeek's guide to compliance is essential reading
Paul Bennet reviews 'SRA Investigations (1st edition)'.
-
NewsSSB administration set to run into 2026
Debts of more than £200m set to be largely unpaid, say administrators.
-
NewsPartner misled clients for two years about claim progress
Solicitor put problem down to his poor communication rather than any intention to deceive.
-
News'Tin-eared' and 'arrogant' SRA must be reined in, says regulation specialist silk
Gregory Treverton-Jones KC accuses the regulator of being ‘generally unsympathetic to the realities of practice as a solicitor’.
-
FeatureSRA regime is broken – here’s how to mend it
The arrogant and power-hungry Solicitors Regulation Authority is out of control and must be reformed. Curbing its fining powers would be start.
-
NewsVeteran solicitor fined £15,000 for failing to check client
Firm had contacted SRA after discovering property sales were a vendor fraud.
-
NewsOffice manager bought wine and champagne on firm’s credit card
SRA removes non-solicitor from the profession for dishonesty and lack of integrity.
-
NewsFour more firms hit with SRA fines for AML failings
Fines issued as new research shows smaller practices more likely to get an SRA visit.
-
OpinionIt’s time the SRA’s leaders were held to account
Those leading the regulator and its oversight board should consider whether they are best placed to restore and maintain the confidence of the public and those whom they regulate.
-
NewsDentons appeal looks to Beckwith and Leigh Day precedents
Global firm says Solicitors Disciplinary Tribunal's approach did ‘not undermine’ money laundering legislation or send ‘wrong message’ to the profession.
-
NewsSRA admits 'teething problems' with super-exam as key target is missed
Regulator believes qualifying examination has been a success, but concedes there are 'hearts and minds to win'.