Compliance & Regulation
MP: Moving lawyers’ AML oversight to FCA “will help fraud fight”
Moving the supervision of lawyers’ anti-money laundering activities to the Financial Conduct Authority will strengthen the fight against fraud, a campaigning MP has told Legal Futures.
SRA urges target firms in acquisitions not to ignore due diligence
An SRA review of law firm acquisitions has highlighted failures and behaviours on the part of some target firms as a cause for concern.
SRA targets accountant’s reports and sole owners in shake-up
All law firm accountant’s reports will have to be submitted to the SRA in future, and sole owners will not generally be allowed to hold compliance roles too, under proposals published today.
SRA shuts down four law firms in three days
The Solicitors Regulation Authority has shut down four law firms so far this week – two of them connected to the same man.
Don’t forget human support in the rush to digital, lawyers told
Both the structure and delivery of legal services – such as a lack of guidance and reactive communication – can cause difficulties for consumers, new research has found.
LSB: “Significant concerns” over viability of Legal Ombudsman
The Legal Services Board has expressed “significant concerns about the viability” of the Legal Ombudsman scheme as it struggles to get its caseload under control.
Law firms need to keep “meaningful offline routes” to services
Digitally excluded consumers need law firms to maintain “meaningful offline routes” to services because “digital transformation is not inherently progressive”, says a report for four legal regulators.
Government to ratchet up pressure on “corrupt” lawyers
The government yesterday pledged further action to target professional enablers of fraud, like corrupt lawyers, and called for “innovative” approaches to strengthening ethics.
Tribunal lifts restrictions on solicitor who failed to pay PII premiums
The SDT has lifted all restrictions on the future practice of a solicitor who was indefinitely suspended for failing to pay indemnity insurance premiums.
Reports of bullying and harassment by barristers almost double
The number of reports to the Bar Standards Board of bullying and harassment has almost doubled in the last year, the regulator has revealed.
Blog
The civil courts and the digital divide
Despite the government’s decision to increase Ministry of Justice funding, its budget for 2025-26 is still 14% lower in real terms than in 2007-08.
The Decent Homes Standard scandal
It is well established that the UK has the highest proportion of inadequate housing in all of Europe. But what if the heart of the problem is even worse than we think?
The evolving standard: AI and professional negligence
AI creates an obvious professional negligence risk. Using it carelessly may fall below the standard of reasonable skill and care. As may failing to use it, in certain circumstances.
