Compliance & Regulation
High Court: Solicitor “turned blind eye” to money laundering concerns
A partner at a London law firm “dishonestly assisted” in misappropriating a company’s funds by turning a blind eye to money laundering issues raised by property transactions, the High Court has ruled.
SQE provider pass rates “must be published as soon as possible”
The interim chief executive of the Legal Services Board has called on the Solicitors Regulation Authority to publish data on SQE pass rates by provider “as soon as possible”.
Advertising watchdog upholds complaints against group action law firms
The Advertising Standards Authority has upheld complaints against three law firms over misleading websites and online advertising for group actions.
SRA checking if it gave others wrong advice like in Mazur case
The Solicitors Regulation Authority is checking if it provided any other law firms with incorrect advice on whether non-authorised people can conduct litigation.
SDT removes “otiose” restriction on law firm director
The Solicitors Disciplinary Tribunal has removed an “otiose” condition imposed only last October on a director of a law firm that prevented him from holding a compliance role.
SRA under pressure as reports about solicitors spiral upwards
The number of reports about solicitors received by the regulator has risen by more than a quarter this year and is set to have a significant impact on its performance.
SRA to keep hands off client account interest – for now
The Solicitors Regulation Authority has put work on any changes to client account – and the interest solicitors earn on it – on hold until the second half of 2026.
Law Society of Scotland delays ABS work for another two years
The Law Society of Scotland has announced a two-year delay in work to introduce alternative business structures – which will take the wait since they were first given the green light to 17 years.
Alarm over High Court “bomb” on conduct of litigation
Last week’s High Court ruling on unqualified fee-earners conducting litigation will cause “nationwide disruption”, with firms urged to review their approach to supervision.
Legal Ombudsman findings lead to shorter sentence for drug dealer
The Court of Appeal has reduced a drug dealer’s sentence after the Legal Ombudsman found that his solicitors had provided inadequate advice on his guilty plea.
Blog
Change in regulator shouldn’t make AML less of a priority
While SRA fines for AML have been climbing, many in the profession aren’t confident they will get any relief from the FCA, a body used to dealing with a highly regulated industry.
There are 17 million wills waiting to be written
The main reason cited by people who do not have a will was a lack of awareness as to how to arrange one. As a professional community, we seem to be failing to get our message across.
The case for a single legal services regulator: why the current system is failing
From catastrophic firm collapses to endemic compliance failures, the evidence is mounting that the current multi-regulator model is fundamentally broken.
