Compliance & Regulation
LSB bids to improve legal sector’s focus on vulnerable clients
Encouraging lawyers to embed client vulnerability into the design of their services is set to be a new Legal Services Board project next year, it said yesterday.
Tweeting barrister sues BSB for belief discrimination
A barrister who overturned a Bar Standards Board sanction for a tweet about Muslims that it said would cause offence is now suing the regulator for discrimination.
BSB mulls SLAPPs guidance as Zahawi’s solicitors are referred to SRA
The BSB is considering following the SRA in issuing guidance on SLAPPs. It comes as the solicitors acting for Conservative Party chairman Nadeem Zahawi have been reported under the SRA notice.
Solicitor jailed for 12 years for castle fraud after private prosecution
A solicitor has been jailed for 12 years for fraud by abuse of a position of trust following a private prosecution brought by his former client.
Ban for conveyancer who took second job with client on the quiet
A licensed conveyancer who took a second job working for a client without telling her firm, and then failed to follow its procedures when dealing with him, has been sanctioned for her misconduct.
Chambers focusing diversity efforts on access to the Bar, not retention
Chambers are focusing their efforts to improve racial diversity on recruitment rather than progression or retention, a Bar Council report has found.
Banks stopping law firms with licences acting for sanctioned people
There have been “numerous scenarios” where banks have stopped solicitors working under government licences for those subject to UK sanctions by refusing to process transactions, the SRA has said.
Warning for profession, help for public – SRA steps up SLAPPs pressure
The Solicitors Regulation Authority is now investigating 29 cases where law firms might be involved in SLAPPs, it revealed yesterday as it issued a warning notice over such abusive litigation.
Pioneering apprentices qualify as solicitors at leading law firm
Seven apprentices at the first large law firm to run the training scheme – which takes six years and includes a law degree – have qualified as solicitors.
Solicitor had “massive holes” in accounts knowledge
A law firm owner who admitted having “massive holes” in her knowledge of the accounts rules has been fined £5,000 after letting a £41,000 shortfall build up on client account.
Blog
Beyond PCP: Can regulators and lawyers work better together next time?
Nearly a decade after the Financial Conduct Authority began investigating the car finance industry, the story of the PCP commission scandal is still unfinished.
Accountability has to live within governance, not with one person
The assumption has long been that a COLP or COFA is personally exposed to the consequences of anti-money laundering breaches.
The SRA’s client money reforms: good intentions, questionable execution
On the face of it, the SRA’s plans to tighten protections around client money sounds sensible. The detail, as ever, tells a more complicated story.
