Compliance & Regulation
Insurance giant’s ABS hit with fine for money laundering failure
The alternative business structure owned by global insurance services firm Crawford & Company has been fined for failing to confirm that it had a compliant anti-money laundering risk assessment.
CA upholds privilege claim to information extracted from solicitor “by deception”
The Court of Appeal has upheld a decision that correspondence between solicitors a judge found involved “an element of deception” as to its real purpose was covered by litigation privilege.
Solicitor struck off after child pornography and cannabis convictions
A solicitor who received a suspended jail sentence after being convicted of making indecent images of children and producing cannabis has been struck off.
Lawyers should have to take competence tests “every 10 years”
Lawyers should have to take online tests every 10 years to prove that they remain competent in their specialist fields, the chair of the Legal Services Consumer Panel said yesterday.
Solicitor jailed for defrauding firm of £2.3m over seven years
A partner who defrauded his firm of £2.3m over seven years – some of which was done with the help of a client – has been jailed for four years and also struck off as a solicitor.
Solicitor rebuked for failing to report staff member’s conviction
A solicitor who failed to report that a fee-earner he employed had been convicted of an immigration offence has been rebuked by the Solicitors Regulation Authority.
Solicitors fined for failing to prevent £3.3m property fraud
Two directors of an alternative business structure have been fined for not supervising a branch office where a fellow director and a bogus solicitor carried out a £3.3m property fraud.
SRA fines six firms for failing to provide AML compliance declaration
The Solicitors Regulation Authority has published details of fines levied against six law firms for failing to confirm in time that they had a compliant anti-money laundering firm-wide risk assessment.
Solicitor who charged £9,000 for doing nothing is struck off
A solicitor who charged a client’s estate fees of over £9,000 during a period of “complete inactivity” has been struck off. He was both its executor and residuary beneficiary.
Solicitor suspended for “complete dereliction of duty”
A solicitor who held nearly 1,500 historical client balances and whose failure to remedy accounts rule breaches was described as a “complete dereliction of duty”, has been suspended for two years.
Blog
Reorientation in the AI era must begin with the client
Much of the discussion about AI in the legal industry focuses on technology: which tools to adopt and which tasks might get automated. But this misses the deeper story.
Awaab’s Law phase 2: New hazards council tenants can now claim for
The conversation on housing disrepair is moving beyond damp and mould alone. With the rollout of phase 2 of Awaab’s Law, the scope of issues covered is expanding significantly,
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.
