Compliance Officer Rule changes

Things move fast in the compliance world!  In our July update we reported on the SRA’s decision to go ahead with its plans to strengthen protections around client money following its consultation earlier this year, focussing on Accountants’ reports and the separation...

SRA powers re privileged material

A significant judgment for law firms was handed down on 21/9/26. The High Court has ruled that the SRA does not have the right to require firms to produce legally privileged documents without a waiver from the client. The case concerned the SRA’s use of its...

SRA Consultation: Statement of Solicitor Competence

On 8/10/26, the SRA published (yet another) consultation, this time in relation to the Statement of Solicitor Competence (SoSC) and the SQE Functioning Legal Knowledge (FLK).  The SoSC was first published in 2015 and times have moved on considerably since it was first...

SRA Annual Assessment of Continuing Competence

The SRA published its fourth annual assessment of continuing competence on 20/8/26, in which they highlight examples of good practice as well as challenges faced by firms in this space, based on their findings and analysis from the last 12 months. The SRA notes that...