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City solicitors warn SRA that whistleblowing plan could undermine compliance officers

City solicitors have called for clarity from the Solicitors Regulation Authority over the reporting of rule breaches and misconduct, while arguing that compliance officers should be the first port of call for whistleblowers.

February 25th, 2013 | No Comments »

Law Society hits out at SRA plans for whistleblower deals

The Solicitors Regulation Authority’s proposed whistleblowing policy could undermine the role of compliance officers, fail to work because of mistrust by lawyers, and clash with solicitors’ ethical duties, according to the Law Society.

February 6th, 2013 | Comments Off on Law Society hits out at SRA plans for whistleblower deals

SRA warns of “glitches” as PC renewal gets underway

The 2012 practising certificate renewal exercise has gone live today with an acknowledgement from the Solicitors Regulation Authority (SRA) that there will be “glitches”. Separately the SRA has published its long-awaited consultation on introducing a leniency scheme for law firm whistleblowers.

November 1st, 2012 | No Comments »

SRA set to press ahead with leniency scheme for law firm whistleblowers

The introduction of a leniency scheme for those who reveal misconduct at law firms and alternative business structures will today be debated by the board of the Solicitors Regulation Authority. Co-operation could result in no action taking against the potential witness over their own wrongdoing.

September 5th, 2012 | Comments Off on SRA set to press ahead with leniency scheme for law firm whistleblowers

Firms “need to develop” whistleblowing and client account interest policies

Law firms need to establish policies on whistleblowing and the interest they pay to clients, according to a leading regulatory solicitor. Other key issues troubling firms include preparing a business plan and compliance with provisions on outsourcing.

April 12th, 2012 | No Comments »

Law Society: solicitors do not trust SRA

Solicitors do not trust their regulator enough to raise concerns with it or think it will act if they do, the Law Society has claimed, offering to act as a formal conduit between the two. It also accused the Solicitors Regulation Authority of acting in a way that can seriously damage a solicitor’s reputation

September 20th, 2011 | No Comments »

Revealed: SRA mulls leniency scheme for law firm whistleblowers

The Solicitors Regulation Authority is formulating a whistleblowers’ charter and leniency scheme for those who reveal misconduct at law firms and alternative business structures, Legal Futures can report. Co-operation will be accepted as mitigation.

September 19th, 2011 | No Comments »