Compliance & Regulation

A City solicitor found guilty of a low-level offence of stalking his ex-girlfriend has been suspended from the profession for six months.

Members of the public and firms reporting concerns to the SRA will have to wait up to two months for a response, twice the time it was at the start of the year.

A law firm partner has been struck off for fabricating documents to mislead the SRA about his role in mismanaging a client’s personal injury trust.

A solicitor struck off for multiple rule breaches, including that he actively concealed from his employer the fact that he had taken loans from clients, has failed in his appeal.

Sexual harassment at the Bar that “might have been tolerated and even expected in the past is no longer acceptable”, a disciplinary tribunal has said – but “regrettably, such behaviour is still widespread”.

Chartered accountants are finally to get the right to conduct the reserved legal activity of administering oaths, six years after their regulator gained the power to grant it.

Business secretary Jonathan Reynolds has officially corrected the House of Commons record for describing himself as a solicitor, amid continuing jabs from the Conservatives.

A leading US law firm has been fined £300,000 for failing to have anti-money laundering risk assessments and procedures in place in its London office.

Specialist regulatory lawyers have expressed concern that the High Court ruling in the Dentons case places too much reliance on the SRA’s view of the seriousness of rule breaches.

Disqualified licensed conveyancer Lloyd Davies did not “accurately” reflect the agreed facts of his case in his public statement about it, his regulator said yesterday in an unusual move.

Breaches of AML rules are effectively strict liability offences and the SRA does not need to show severity to prove misconduct, the High Court ruled yesterday.

There is now “clear evidence” that solicitor apprenticeships are facilitating social mobility, analysis by the Solicitors Regulation Authority has shown.

The retirement of SRA chief executive Paul Philip has nothing to do with the Axiom Ince scandal, he has emphasised. Meanwhile, the chair of the BSB is stepping down too.

A solicitor cannot base a victimisation claim against her law firm at the employment tribunal on it reporting her to the Solicitors Regulation Authority, a judge has ruled.

A law firm and two of its partners have been fined nearly £50,000 between them for allowing two wealthy clients to use its client account as a banking facility.