All Regulation and compliance articles – Page 55
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OpinionRisks and regulatory changes to look out for
Sanctions, AML compliance, SRA fining powers and a new enforcement strategy - the complexity of law firm risk mitigation and compliance is ever increasing.
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NewsSRA shuts down City of London firm with 30 lawyers
Regulator cites protection of client interests for intervention into firm and its founder.
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NewsNews focus: SIF, sanctions and SLAPPs - a busy week for the SRA
Changes to fining powers, new indemnity arrangements and another warning on SLAPPs – the SRA has rubber-stamped reforms that will have far-reaching implications for solicitors.
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NewsTribunal slashes 'excessive' and 'disproportionate' SRA costs
Cost applications rebuffed in three judgments in eight days.
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NewsSRA confirms new fining powers
Fixed penalty regime and ‘personal impact statements’ are among the new measures.
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NewsBar tells LSB to rethink 'wrong-headed' business plan
Bar Council once again accuses oversight regulator of over-reaching.
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NewsRunning indemnity fund won’t require a levy - or more staff, SRA chief says
Regulator confirms that it will not impose a SIF levy on the profession ‘in the near future’.
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NewsFormer solicitor Khan gets 'very last chance' to purge contempt
Judgment in relation to sanctions against Soophia Khan adjourned following psychiatric report.
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NewsSLAPPs: Solicitors ignorant of reporting duties, SRA review finds
Law firm visits found senior lawyers handling reputation management cases were not aware of SRA guidance on abusive litigation.
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NewsBarristers cannot frustrate disciplinary proceedings by renouncing status
Bar Tribunals & Adjudications Service sets out position in report on climate campaigner Timothy Crosland.
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NewsLSB should focus on 'more pressing' areas than conveyancing
Oversight regulator told it needs to widen its focus on improving customer information.
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NewsSQE: Apprentices 'outperforming' other candidates
Solicitors Regulation Authority reveals pass rate data during National Apprenticeship Week.
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NewsFocus on real-life not high concepts, consumer watchdog tells regulator
Panel says LSB devotes disproportionate time and resources to issues such as rule of law and professional ethics.
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NewsRegulation expert to take helm of regulators' regulator
Alan Kershaw to replace Helen Philips, who is stepping down as LSB chair after five years.
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NewsNews focus: SRA gets tough on competence
The SRA is taking a more proactive approach to the assessment of continuing competence. Firms can expect a more onerous and intrusive process, and a knock at the door should they fall short.
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NewsBeware of taking fees in crypto, SRA warns
Regulator publishes 'risk outlook report' on cryptocurrencies and other distributed ledger technologies.
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NewsFirms accused of creating 'toxic culture' will be hauled before SDT
Joint SRA and SDT statement clarifies types of case that will still be referred for hearing.
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NewsEmployee collected 'at least' £338,000 in land tax fraud
Section 43 order imposed on former law firm staffer who made fraudulent declarations to HMRC.
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NewsSRA promises to act on competence failures
Announcement follows statement by super-regulator on ongoing competence checks.
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OpinionWe can’t expect small-fry SRA to fight oligarchs and organised crime
The solicitors’ regulator is not equipped to issue £250m fines or investigate the biggest firms.