by Cat Sabine | Jun 30, 2022 | Compliance Update
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...
by Cat Sabine | Mar 28, 2022 | Compliance Update
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...
by Cat Sabine | Feb 1, 2022 | Compliance Update
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...
by Cat Sabine | Dec 16, 2021 | Compliance Update
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...
by Andrew Donovan | Jul 19, 2021 | Compliance Update
New rules and guidance from SRA Anti-money laundering (‘AML’) – SRA priority risk Updated AML Guidance has now been published by the Legal Sector Affinity Group (LSAG):...
by Andrew Donovan | Apr 19, 2021 | Compliance Update
SRA Risk Outlook 2020/2021 The SRA have published their risk outlook for 2020/2021. The outlook considers the market landscape and the effects of Covid-19 and Brexit, primarily the economic impact; The SRA priority risks for 2020/2021 are: AML: Highlighting property...
