Compliance & Regulation

Lawyers compelled by the CPR or court order to reveal the contents or existence of suspicious activity reports must contact the National Crime Agency at the “first opportunity”, the Home Office has said.

Two of the smaller legal regulators are having to self-finance their compensation funds after their insurer stopped providing cover, reducing the potential payouts as a result.

A senior solicitor convicted more than six years ago of raping a teenager is finally facing the Solicitors Disciplinary Tribunal, it emerged yesterday.

The Law Society is to issue guidance on last month’s Supreme Court ruling on solicitors’ undertakings, which a legal regulation expert said has left conveyancers “very much in a mire”.

Chartered accountants handling probate work are to face compulsory rules on publishing price and service information after their regulator admitted a voluntary approach had not worked.

A trainee solicitor and a legal cashier have each been banned from working for law firms after being found to have taken money from their respective firms.

The High Court has rejected an appeal by a solicitor struck off after he “turned a blind eye” to the warning signs of fraud in an early release pension scam.

The Solicitors Regulation Authority has written to 8,000 law firms to demand a declaration that their websites are compliant with the transparency rules and display its clickable logo.

The Court of Appeal has upheld a decision not to aggregate as one the claims a Yorkshire law firm’s indemnity insurer is facing because of a multi-million pound fraud run by one partner.

A trainee solicitor convicted of stalking nearly five years ago has been banned from working in the legal profession by the Solicitors Regulation Authority.