Other lawyers

Cry freedom: SRA wants to become separate legal entity from Law Society

Law Society - Front2

Legal regulators have urged the Legal Services Board to use its review of the internal governance rules to give them greater independence from their representative bodies. The Solicitors Regulation Authority said the rewrite of the rules should allow it to become a “separate legal entity” from the Law Society.

February 16th, 2018

Regulator cracks down on unauthorised holiday sickness CMCs as cold-calling ban reaches Commons

Beach holiday

There has been a “significant decrease” in unauthorised businesses operating in the holiday sickness market, the Claims Management Regulator has reported. It comes as MPs debate the government’s surprise u-turn late last year to legislate for a ban on cold-calling.

January 22nd, 2018

Licensed conveyancers confident about growth in coming year, survey finds

Sheila Kumar 2

More than half of firms of licensed conveyancers expect their workloads to increase over the next year, according to their regulator. Some 53% of firms expected volumes of work to increase over the next year, with only 10% anticipating a fall.

January 19th, 2018

Second accountancy body seeks right to allow members to do probate work

ACCA logo

The Association of Chartered Certified Accountants (ACCA) is set to become the second accountancy body that enables its members – 90,000 of them in the UK – to provide probate services. If approved by the Legal Services Board, it will follow the lead of the Institute of Chartered Accountants in England and Wales.

January 18th, 2018

Exclusive: Paralegal bodies split by “irreconcilable differences” as regulator pushes for expansion

PPR event

One of the two paralegal bodies which developed the Professional Paralegal Register (PPR) to act as a voluntary regulator for the sector, has decided to pull out after only two years, it has emerged. The National Association of Licensed Paralegals withdrew this summer, citing “irreconcilable differences” over the values and purpose of the PPR.

December 8th, 2017

LSB rejects call to harmonise indemnity insurance and compensation rules

A blank file in a filing cabinet

The Legal Services Board has rejected a call from its consumer panel to consider a centralised regime of financial protection for clients to replace what the panel called the “fragmented” nature of insurance and compensation arrangements across the different legal regulators.

December 1st, 2017

CMC which failed in its due diligence over text messages loses bid to overturn regulator’s £50,000 fine

text message

A claims management company has failed to overturn a £50,000 fine imposed by the Claims Management Regulator last summer for breaching the rules relating to third-party referrals, misleading information and keeping proper records.

November 30th, 2017

LSB reveals “stream of disagreements” as it begins review of regulatory independence rules

Neil Buckley

A “steady stream of disagreements” between legal regulators and representative bodies means the rules governing their relationships may need to be rewritten, the Legal Services Board said yesterday. The oversight regulator said it had been notified of 30 disputes over the past three years.

November 10th, 2017

Government floats referral fee ban and acting for both sides in bid to improve home-buying process

Sajid Javid

A ban on estate agents charging solicitors referral fees along with loosening the restriction on conveyancers acting for both seller and buyer were suggested by the government yesterday as possible reforms to improve the home-buying process. It also said it wanted to look at how competition in the conveyancing sector could be improved.

October 23rd, 2017

Claims management regulator bids to stem unauthorised businesses

Closed sign

The Claims Management Regulator has stepped up its focus on businesses operating without authorisation, particularly those in the holiday sickness market, after receiving more than 200 complaints in just three months. It prosecuted one company earlier this month, resulting in a £40,000 fine.

October 23rd, 2017