Compliance updates for the busy practitioner

SRA in the news: Post Office Horizon Scandal There’s been a lot of talk in recent weeks about the SRA investigation into certain solicitors connected to the Post Office mass miscarriage of justice scandal. In our latest blog post we take a look at the reports that the SRA will likely await the outcome of the public inquiry before proceeding...

☕ Grab a cuppa and get yourself comfortable as it’s been a fairly busy few months for the SRA and we have a few important things to share with you….. 🔥Hot topics ⚠💻Website Compliance 💻⚠ We have noticed a SHARP rise ⬆ in law firms having their websites audited 🔎 by the SRA recently, with...

📏🧭 New rules and guidance from SRA 📰 The SRA's has just published new guidance on the Proceeds of Crime Act and it does feel a little like a further attempt to push AML regulated sector obligations out to all areas of legal practice despite the absence of mandatory legal or regulatory requirements duties. So boutique...

Welcome to the latest update on all things compliance! Spring is definitely in the air & the SRA have been rather busy 🐝🐝🐝 these last few months (which also means so have we!) We are currently knee deep in AML audits as many of you have taken us up on our recent offer of a 10% discount. We have decided to extend this...

🔥 Hot Topics Drum roll please!…….. Will there ever be an update where we don’t bang on about AML?! Probably not 😂.But to apologise for always harping on about it, for the first time EVER we are offering a 10% discount on AML audits for bookings made by 28th February. Contact us here to discuss. We want everyone to start the year...

Hot off the press…. The SRA will be checking your website….are you ready?! The SRA announced in August that it has plans to check ALL law firm websites for compliance with its Transparency rules. Remember, whatever services you offer, you need to publish details of your complaints procedure and a copy of the SRA’s clickable logo on your website....

New rules and guidance from SRA Three updates for you from the SRA. The regulator has updated its Confidentiality of client information - Guidance. It gives some useful insight into the regulator’s thoughts about confidentiality in situations involving complex structures, mergers and acquisitions and outsourcing. It also continues to include some...

Workplace culture matters So concluded the SRA’s recent Thematic Review. Worryingly, a quarter of those surveyed felt their firm didn’t have a positive culture and highlighted concerns such as long working hours. The review sets out the regulator’s expectations and suggests ways firms could improve workplace culture, including: Use surveys to...

Hot topics Cybercrime losses Following a public consultation and discussions with insurer representatives as well as the Law Society, the SRA has issued a press release confirming that a new clause making it clear what cover will be provided for cyber losses will be added to the minimum terms and conditions of law firms’ professional indemnity...

Hot topics Are you being asked for 'solicitor' undertakings instead of firm undertakings? There has been a recent Supreme Court case on undertakings which may result in LLP and limited company law firms doing property work in particular receiving requests for undertakings from individual solicitors personally rather than by the firm. The legal...