Compliance & Regulation


CMCs warned over using FCA badge to boost unregulated work

1 March 2024

Claims management companies have been warned to stop using their Financial Conduct Authority authorisation to lend credibility to their unregulated activities.


Politicians turn up heat on SSB Law “scandal and disgrace”

29 February 2024

Concern among MPs about the fall-out from the collapse of Sheffield-based SSB Law is growing rapidly, while one of the insurers that was pursuing its clients for costs has paused its activities.


SRA takes action in 24 cases of alleged NDA misuse

29 February 2024

The Solicitors Regulation Authority has taken action of differing levels of severity in 24 cases where misconduct in relation to non-disclosure agreements was alleged, it has emerged.


Solicitor who acted for clients without telling firm struck off

29 February 2024

A solicitor who concealed from his law firm that he was acting for clients in a personal capacity, getting them to pay £3,250 into his personal bank account, has been struck off.


Two barristers disbarred for dishonest handling of tax affairs

29 February 2024

Two experienced barristers found to have behaved dishonestly in how they managed their tax affairs – with one receiving a suspended jail sentence – have been disbarred.


Litigator who misled client, firm and court about cases struck off

28 February 2024

A solicitor who lied to her institutional client, her employer and the court to cover up her failure to progress cases has been struck off.


Solicitor struck off over LPA signature short-cuts

27 February 2024

A solicitor who submitted two lasting powers of attorney to the Office of the Public Guardian showing she had witnessed the donor’s signatures – when she had not – has been struck off.


Solicitor struck off for antisemitic and offensive tweets

23 February 2024

The Solicitors Disciplinary Tribunal today struck off the practitioner it found earlier this week had published antisemitic and offensive posts on Twitter.


Clyde & Co “failed to reflect on its own failures” in AML case

23 February 2024

City firm Clyde & Co “failed to reflect on its own role” in AML rule breaches until a late stage and sought instead to blame one of its partners, the Solicitors Disciplinary Tribunal has held.


Barrister “recklessly misled” BSB in applying for practising certificate

22 February 2024

A barrister who “recklessly misled” the Bar Standards Board into giving him a practising certificate by falsely stating that he was a door tenant at a set of chambers has been disbarred.

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Blog


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Client accounts: Opportunity, obligation and the risks in between

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