Compliance & Regulation
Gender and ethnicity pay gap among barristers widens
The gender and ethnicity pay gaps at the Bar remains substantial and have actually widened a little over the past three years, according to Bar Standards Board research.
LSB chief executive steps down after less than year in post
The Legal Services Board is to be without a permanent chief executive as well as chair after announcing yesterday that Craig Westwood is to leave the oversight regulator.
Conditions imposed on Cameron’s role as DLA Piper adviser
There are “clear guardrails” in place to ensure that Lord David Cameron’s new role as a consultant to global law firm DLA Piper will not involve contact with the UK government.
SRA and BSB pledge to help subpostmasters with legal fees concerns
Legal regulators have pledged to help subpostmasters concerned about fees being charged by lawyers in their claims for compensation over the Post Office Horizon scandal.
Fine for solicitor who failed to engage with SRA and LeO
A solicitor who failed to engage with SRA and Legal Ombudsman investigations – leading to the issue of a statutory notice – has been fined for misconduct.
Investigate “bullying” judge or face judicial review, watchdog told
A group of 10 people is threatening a judicial review against the Judicial Conduct Investigations Office unless it investigates a judge’s alleged misogynistic and bullying behaviour.
Solicitors condemn HMRC plans for “deemed waiver” of privilege
Solicitors have condemned plans by HMRC to introduce a “deemed waiver” of privilege where tax avoidance scheme are marketed as being supported by a legal opinion.
Financial Reporting Council director to take helm at SRA
The executive director of supervision at the Financial Reporting Council has today been named as the new chief executive of the Solicitors Regulation Authority.
Legal Services Board at heart of regulatory failings, says BSB chief
The structure of regulation established by the Legal Services Act 2007 “does not work well”, the outgoing chair of the Bar Standards Board declared last night.
Suspended jail sentence for solicitor over fake pothole claims
A solicitor has been handed a suspended prison sentence for making false claims of damage to his car from potholes.
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.
