Compliance & Regulation
Conveyancer blamed secretary to “cover up lack of progress”
A solicitor who lied to a lender, a client, his law firm and the Land Registry to cover up the lack of progress made on his clients’ matters – but blamed his secretary – has been struck off.
AI can form part of anti-money laundering armoury, law firms told
New technologies such as biometrics, machine learning and artificial intelligence can now form part of the anti-money laundering armoury, law firms have been told.
Solicitor jailed for money laundering returns to profession
A solicitor who was jailed for four years for money laundering offences has been readmitted to the roll after the Solicitors Disciplinary Tribunal found he had been “totally rehabilitated”.
High Court: Law firm was not operating collective investment scheme
A law firm which did the conveyancing work on two failed off-plan housing developments was not operating an unregulated collective investment scheme, the High Court has ruled.
Solicitor who lied to client, SRA and insurers struck off
A solicitor who lied to her client about the progress of her case and then to the Solicitors Regulation Authority about it, and later to professional indemnity insurers, has been struck off.
Solicitor who retrospectively witnessed signatures is fined £20,000
A solicitor who ‘witnessed’ the signatures of a client’s father that were already on property documents, without checking their authenticity, has been fined £20,000.
“Inept” solicitor transferred money in breach of court order
A “seriously inept” solicitor who transferred money to another law firm’s client account, in breach of a court order that his firm should hold it, has been fined £8,000.
Fines for partners who charged clients for indemnity insurance
Three partners have been fined for charging conveyancing clients for the firm’s indemnity insurance, as well as “variable sums” for filling out a simple standard form.
Solicitor allowed use of client account as £4.6m banking facility
A solicitor who let his firm’s client account be used as a banking facility for payments from clients’ investors totalling over £4.6m has been fined £15,000.
Another SRA prosecution fails but regulator avoids costs order
The Solicitors Regulation Authority was justified in prosecuting two law firm partners even though all of the allegations were dismissed, a tribunal has ruled.
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.
