All Regulation and compliance articles – Page 139
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OpinionCompetition and Markets Authority – one year on
What has the body responsible for enforcing UK competition law achieved in the year since it was established?
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News
Bar ponders new limits on ‘cab rank’ rule
Regulator considers excluding solicitors deemed to be a ‘credit risk’.
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NewsDiversity data impact ‘not at level hoped for’ – LSB chair
Legal Services Board also suggests regulators must look again at burden of diversity data collection on law firms and legal services providers.
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OpinionSRA should apologise for closure blunder
Andrew Williams’ professional reputation was savaged within 30 minutes – isn’t it time someone said sorry?
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NewsOmbudsman complaint limit rises from six to 12 months
Scheme rules on cut-off to be aligned with new EU directive on alternative dispute resolution.
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NewsSolicitor devastated by £100k intervention
Andrew Williams was wrongly suspected of impropriety due to an association with another solicitor who was under SRA investigation.
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OpinionClient accounts – French connection
Regulators are looking across the channel for ideas on handling client money. But France treats its lawyers like grown-ups.
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OpinionWe can’t go on as we are
Regulate the unregulated and ride the technological wave – or clients will suffer.
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NewsEx-CCBE chief raps client money proposal
LSB ‘imprisoned’ by the Legal Services Act 2007 in seeking to strip powers from professions deemed to have been ‘naughty’, says Jonathan Goldsmith.
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FeatureWhat the SFO is now doing right
David Green has revitalised the Serious Fraud Office but it remains under pressure to deliver convictions.
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NewsFirms stand to lose billions through fraud: bank chief
Banking sector joins insurers and regulators in expressing concerns about telephone con-artists targeting law firms.
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NewsRegulator names firms in PII probe
Two firms should have closed last year because they did not have a valid insurance policy.
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News‘No evidence’ of risk from online divorce services
Research by consumer group finds high satisfaction levels with both online and face-to-face services.
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NewsMany lawyers unaware of how PC funds regulation
Four in ten solicitors do not realise they pay for the Legal Services Board and ombudsman.
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OpinionMuzzled watchdog
What could be more relevant to ‘consumers’ than the huge hike in court fees?
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NewsSolicitors to require mandatory ‘statement of competence’
The statement forms part of the new approach to the education and training of solicitors, moving away from a prescriptive system.
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NewsSRA overrides opposition to ditch insolvency regulation
Four out of five respondents to a consultation opposed plan to cease regulating solicitor IPs.
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NewsLSB sounds death knell for handling client money
Regulators are looking at system in France, where lawyers are prevented from holding client money.
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NewsSRA wins plaudits for complaints-handling
Auditor says fall in complaints about the regulator is ‘likely’ to reflect better performance.