Regulation

The shift of claims management company regulation to the Financial Conduct Authority has led to a further shake-out of the sector, new figures have indicated.

The right to recover money under loans made by a law firm before an intervention does not vest in the Solicitors Regulation Authority, appeal judges have ruled.

Solicitors must think beyond the drafting of non-disclosure agreements and confidentiality agreements to the “impression created” by them, a panel of experts has warned.

A solicitor currently in jail for his part in a fraudulent tax evasion scheme has agreed to be struck off while insisting that he did nothing more than “major English law firms” do for clients every day.

More than 40 leading property developers and freeholders – but no lawyers as yet – have signed a government-backed pledge that highlights the duty of conveyancers to act in the best interests of clients.

The Solicitors Regulation Authority has discontinued disciplinary tribunal proceedings against two solicitors after they admitted multiple accounts rules breaches.

The Bar Standards Board went back on its intention to issue guidance on the use of non-disclosure agreements after concluding it was “neither necessary nor appropriate”, MPs have been told.

A solicitor prosecuted for his involvement in a Ponzi scheme – and for the second time over the same set of facts related to a collapsed overseas investment scheme – has this time been struck off.

A solicitor who was jailed for 30 days after pleading guilty to making false statements to the Mueller inquiry has been referred to the Solicitors Disciplinary Tribunal.

Acting without integrity involves “greater moral turpitude” on the part of a solicitor than dishonesty but a lesser sanction, a High Court judge has ruled, while appearing to question previous authority.