Compliance & Regulation


Accusations fly amid “hostility” between LSB and Bar regulator

23 July 2024

Relations between the Legal Services Board and the Bar Standards Board are close to breaking point over the speed of reform at the barrister regulator.


SRA reports two law firms to Treasury for breaching Russia sanctions

23 July 2024

The Solicitors Regulation Authority has reported two law firms to the Office of Financial Sanctions Implementation, part of the Treasury, for breaching sanctions on Russia.


Boss struck off over pension cash misuse – but fellow partners cleared

22 July 2024

A managing partner who used staff pension contributions to prop up his firm has been struck off, but his two equity partners were cleared of misconduct.


Time to reset legal regulation and ethics, says consumer panel head

22 July 2024

The new Lord Chancellor, Shabana Mahmood, needs to recognise the need for an overhaul of the legal regulatory regime, the new chair of the Legal Services Consumer Panel has argued.


Fine and reprimands for barrister over conduct as law firm owner

22 July 2024

A barrister has been fined £5,000 by a Bar disciplinary tribunal, after he failed to report an SRA investigation into the removal of 242 wills from a law firm he owned.


Solicitor used client money to keep PI firm afloat

19 July 2024

A solicitor who “repeatedly” transferred money from client to office account to prop up his firm has been struck off by the Solicitor Disciplinary Tribunal.


CLC ups financial pressure on firms to deal with complaints

19 July 2024

The Council for Licensed Conveyancers is planning to ratchet up the financial pressure on the firms that fail to handle complaints properly under its ‘polluter pays’ approach.


Number of Bar students continues to grow

19 July 2024

The number of students on Bar vocational courses has continued to grow since the pandemic, new figures have shown. Those with a first-class degree performed far better than others.


Welsh chambers breaks ground with first ICO legal services certification

18 July 2024

The largest chambers in Wales has become the first legal services provider to obtain the new law-specific data protection certification approved by the Information Commissioner’s Office.


CILEX set to make final decision on SRA switch in October

18 July 2024

CILEX is set to make a final decision on whether to seek to transfer regulator to the Solicitors Regulation Authority in October, and has named a new chair and president.

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Blog


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