Compliance & Regulation
SSB Law victims pile pressure on SRA over other volume claims firms
The collapse of SSB Law was not a one-off and a wider review of the SRA’s handling of volume claims firms is needed, victims of the scandal have argued.
Law firm boss struck off for using client money to pay debts
A law firm owner who used client money to shore up his firm and pay personal debts in the face of cash flow problems has been struck off.
Give facts not suspicions when whistleblowing, in-house lawyers told
In-house lawyers considering whistleblowing have been advised by the Law Society to “disclose specific information with factual content, not suspicions or unfounded allegations”.
SDT distinguishes its definition of dishonesty from the court’s
A solicitor found to have been fundamentally dishonest in a personal injury claim has been cleared of dishonesty by the Solicitors Disciplinary Tribunal.
Is AML move the first step towards single legal regulator?
The government’s decision to rationalise the oversight of AML supervision could be a precursor to the entirety of legal regulation, a leading practitioner has suggested.
KC: Regulators should promise no action over pre-Mazur breaches
Regulators should assure non-authorised people who may have inadvertently conducted litigation as found by Mazur that they will not face criminal prosecution or disciplinary action.
SDT removes restrictions on solicitor turned compliance consultant
The Solicitors Disciplinary Tribunal has removed restrictions on a solicitor who, after being suspended for three years, became a compliance consultant.
SRA: Client account “still on reform agenda”
The Solicitors Regulation Authority has not kicked changes to client account – and the interest solicitors earn on it – into the long grass, its chair warned solicitors yesterday.
Legal regulators unhappy at loss of AML role to FCA
Regulation by the Financial Conduct Authority for anti-money laundering will feel “very different” for law firms, the Solicitors Regulation Authority’s chief executive has predicted.
Philip: I thought about resigning in wake of SSB report
The chief executive of the Solicitors Regulation Authority said yesterday that he did consider resigning in the wake of the report on SSB Law but decided that “it wasn’t the right thing”.
Mazur “the inadvertent result” of Legal Services Act drafting
The Mazur ruling likely came about because the Legal Services Act 2007 inadvertently failed to codify what had been custom in the legal profession for a long time, two experts have argued.
FCA to take over anti-money laundering supervision of all lawyers
The Financial Conduct Authority is to take over responsibility for supervising lawyers’ anti-money laundering activities, the government announced today.
“Cowardly” solicitor lied to client about claim for over 10 years
A self-confessed “cowardly” solicitor who lied to a client for more than 10 years after her medical negligence claim was thrown out has been struck off.
“Decisive reform” needed to restore public trust after SSB scandal
The collapse of SSB Law and the SRA’s failures in supervising it demand “decisive reform” to restore public confidence, the Legal Services Consumer Panel has warned.
SSB: SRA under pressure from profession and victims
Accountability for the Solicitors Regulation Authority’s failures in its supervision of SSB Law “must go further”, the group representing its former clients has said.
Blog
When the person who needs help is the partner
A law firm can have excellent support on paper and still have a serious gap. The gap is the person who cannot imagine using it.
SRA supervision and AI: what firms will be asked to prove
AI intensifies scrutiny of whether firms can demonstrate that they were in control of the systems through which legal services were delivered.
How ELD NextGen will improve employers’ liability tracing
The Employers’ Liability Tracing Office is continuing work towards the launch of ELD NextGen, the next generation of the employers’ liability database, in early 2027.
Reports
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