Compliance & Regulation
SRA under fire for not taking action on “textbook” SLAPP
The Solicitors Regulation Authority has come under fire for closing a complaint about a law firm that represented a Russian warlord without any further action.
Anglo-Scottish firm under close SRA scrutiny over McClure files
The collapse of an Anglo-Scottish law firm in 2021 continues to have significant reverberations, with the firm that took on its business now under close scrutiny from the SRA.
Are AML breaches misconduct? High Court hears SRA appeal
A significant appeal that should decide whether a breach of the Money Laundering Regulations is also a breach of the SRA code of conduct starts in the High Court today.
Veteran barrister disbarred for “recklessly misleading” tribunal
A veteran barrister who attempted to recklessly mislead the court and failed to provide his direct access client with a competent service has been disbarred.
SRA can keep disciplinary decisions online for longer
The Legal Services Board has approved plans by the SRA to change its publication policy and keep details of misconduct on its website for longer.
Solicitors “letting down” women subjected to economic abuse
Lawyers giving independent legal advice in cases of potential economic abuse of women are helping the abusers more than their clients, new research has suggested.
Ban for trainee who misled employer over reason for day off
A trainee solicitor who misled her employer over why she wanted a day off work, seemingly to hide the fact that she was in court over planning breaches, has been banned from the profession.
Solicitor cleared of AML offences he had admitted to
The SDT has taken the unusual step of rejecting a solicitor’s admissions that he should have done more due diligence on £24m paid into his firm’s client account.
Barrister fined for call declaration omissions “had told Lincoln’s Inn”
The lawyer heavily fined for failing to declare adverse findings about himself when applying to be called to the Bar said he had already done so when joining Lincoln’s Inn.
KC condemns SRA for “unprincipled approach” to fines
The Solicitors Regulation Authority has demonstrated a “shambolic and unprincipled approach” to the use of its fining powers, a leading regulatory KC has argued.
Blog
Client accounts: Opportunity, obligation and the risks in between
The profitability gap between well-run firms and the rest is not primarily a function of size, location or practice area – it is a function of financial management.
Motor finance – the FCA is more worried about banks than consumers
The Financial Conduct Authority’s motor finance redress scheme announced last week amounts to one of the largest ever consumer failures by the regulator.
Mazur: a symptom not a cause?
If Mazur is a symptom, what does it mean for the underlying health of our civil justice system: the ‘finest legal system in the world’?
