All Regulation and compliance articles – Page 145
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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.
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NewsSRA urged not to dispense with accounts requirement
The SRA has proposed to abolish the requirement for firms to have and submit an accountant’s report every year.
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NewsKenny quits LSB for private sector
Chief executive to step down from super-regulator after six years in post.
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OpinionMitchell: the problem with guidance
An insider’s view on the appeals that will clarify the post-Mitchell case management landscape.
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NewsPractising certificate fee set to fall by 17%
Proposed levy of £320 is subject to Law Society Council approval and member consultation.
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NewsConsumer watchdog raps PII reform plans
Panel cites ’weakness in the evidence base’ for cutting minimum cover.
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NewsTrain all youth justice lawyers, says damning report
Cross-party group of MPs and peers calls for mandatory training for lawyers working in youth justice.
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NewsPII reforms set to be approved on 2 July
tabletSociety warns that ‘hundreds’ of firms could be thrown off conveyancing panels, but the SRA is poised to forge ahead with far-reaching regulatory changes.
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FeatureIrish lessons on PII
Ireland’s experience of professional indemnity insurance reform offers useful pointers for England and Wales.
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NewsCity firm Bates Wells Braithwaite becomes ABS
The firm has promoted accountant Jim Clifford to equity partner.
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NewsMalaysia liberalises its legal market
Foreign firms will be able to apply for three practice licences under the country’s newly liberalised regime.
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NewsOsborne to extend Libor legislation
Treasury promises to crack down on rogue banks and traders by extending Libor legislation.
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NewsQASA fight pushes LSB legal spend up 10-fold
Accounts show regulator’s overall spending falling slightly.
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NewsSRA confirms another month of falling firm numbers
Just 30 firms closed in February – the most recent month that figures are available – but over the course of the past year 1,094 firms have gone.
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NewsConsumer panel to use FoI requests for lawyer data
Watchdog wants to collate more information on lawyers’ performance in the coming year.





















