All Regulation and compliance articles – Page 127
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NewsSRA promises new era of simplified regulation
Regulator promises ‘an end to the long and unwieldy handbook’.
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NewsSolicitor who juggled client accounts leaves profession
Clients were unaware that thousands of pounds were being withdrawn.
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OpinionRegulation will not keep competitors at bay
Law firms should seek to innovate to keep up with new competitors rather than focusing on defensive regulation.
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NewsGove ready to deregulate legal services market 'in the near future'
Justice secretary previously bemoaned the danger of regulators ‘falling over each other’s feet’.
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NewsConveyancers ‘abusing’ separate representation freedom – CLC chair
CLC to re-examine separate representation for conveyancing deals.
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NewsAppeal decision protects solicitor offering ‘unbundled’ advice
Solicitors do not have a broader duty of care when instructed on a limited retainer, judges rule in negligence case.
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NewsFresh ‘consensus’ on Indian legal market reform
Talks on liberalisation have progressed from ‘theoretical to more detailed’ discussions, source says.
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OpinionShould the SRA care if a lawyer smokes dope?
Why must the regulator go after solicitors who commit a minor offence in their private life?
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NewsFinancial regulator backs SRA consumer credit plans
The two bodies have been in talks for more than a year over how to handle consumer credit.
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Barrister disbarred for forging degree certificate
Shavon Bethel lied about having been awarded a law degree when he was called to the bar.
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OpinionFinancial reporting changes affecting law firms
New accounting requirements could mean law firms ultimately find it more difficult to borrow money.
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NewsSuper-regulator concerned over ABS authorisation rule change
Legal Services Board issues ‘warning notice’ extending the notice period on decision concerning licensing condition for alternative business structures.
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NewsNew York may relax foreign lawyer rules
Amendment of rules by New York State Unified Court System would allow jurisdiction to register foreign lawyers ‘in good standing’.
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NewsSRA tells solicitors: explain your separate business set-up
Regulator publishes guidance ahead of changes to the separate business rule.
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NewsBarrister convicted of forgery disbarred
Martin Christie had failed to disclose his conviction when he was called to the bar.
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NewsSampson threatens legal action over ‘clarification’ to MPs
Letter to select committee states that former chief legal ombudsman was ‘dismissed with notice’ after successfully appealing against summary dismissal earlier this year.
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NewsOfcom director appointed LSB chief executive
Solicitor Neil Buckley to replace Richard Moriarty, who is joining the Civil Aviation Authority.
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News
Don’t accept ‘cold-call’ instructions, warns SRA
The regulator last week reminded practitioners that rules are already in place to stop this form of marketing.
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NewsBar 2015: barristers lukewarm on innovative business models
The vast majority of aplications have come from ‘one-man bands’ seeking to exploit perceived tax advantages that chancellor George Osborne has recently moved to abolish.
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NewsChambers failing to plan for changing legal landscape, BSB says
Risks the bar faces also include cashflow problems, cyberattacks, departing members and a lack of commitment to diversity.