Compliance & Regulation


SRA investigates after-the-event insurance fall-out from SSB collapse

8 March 2024

The SRA is investigating why after-the-event insurers have not paid out on policies arranged by the collapsed SSB Group and whether it shows a wider problem with ATE.


Firms reported for oppressive “pre-emptive” NDAs imposed on actors

8 March 2024

Law firms at the heart of forcing oppressive non-disclosure agreements on actors have been reported to the Solicitors Regulation Authority, it emerged yesterday.


SRA issues fines exceeding £55,000 for AML compliance breaches

8 March 2024

The Solicitors Regulation Authority has handed out more than £55,000 in fines to firms and individual lawyers for breaches of anti-money laundering requirements.


Bar Council warns regulator over plans for chambers

7 March 2024

The Bar Council has warned the Bar Standards Board not to go too far in its oversight of chambers and said its idea of encouraging smaller sets to merge is “inappropriate”.


Management consultant to take helm of Legal Services Consumer Panel

6 March 2024

A management consultant with significant retail and healthcare experience has been named as the new chair of the Legal Services Consumer Panel.


Rush to meet end of SDLT holiday caused solicitor to let down client

5 March 2024

A conveyancer who forgot to put in place a declaration of trust on the ownership of a property in the rush to beat the stamp duty holiday deadline in 2021 has been rebuked.


Solicitor rebuked for making direct approaches to potential clients

4 March 2024

A solicitor who contacted hundreds of people on a spreadsheet he was accidentally sent to ask if they wanted to bring data protection claims over the error has been rebuked.


Law firm secretary banned after county lines drug gang conviction

4 March 2024

A legal secretary convicted of offences to supply class A drugs due to her involvement in a county lines gang has been banned from working in the solicitors’ profession.


Campaign group calls on lawyers to join push for NDA law reform

4 March 2024

A campaign group has urged the legal profession to support legislative reform to stop the abuse of non-disclosure agreements.


Partner used colleague’s signature on statements of truth

1 March 2024

A partner who signed statements of truth in six cases using an absent assistant solicitor’s signature has been handed a short suspension.

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Blog


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