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...
by Andrew Donovan | Jan 29, 2017 | Compliance Update
Rule changes The 18th edition of the SRA Handbook went live on 1 November 2016 and by now all firms should be comfortable that their solicitors are planning their CPD activity for the year. COLPs in particular should be conscious of their duty to put systems in place...
by Andrew Donovan | Apr 28, 2016 | Compliance Update
Rule changes The 16th edition of the SRA Handbook went live on 1 April 2016. The most fundamental changes relate to the end of the transitional arrangements for regulating consumer credit activities and the implementation of the new consumer credit regime. The...
by Andrew Donovan | Nov 26, 2015 | Compliance Update
Rule changes The 15th edition of the SRA Handbook went live on 1 November 2015 and includes some very significant changes to the SRA rules. The amendments include the following: well over one in ten law firms will no longer need to obtain or deliver an accountant’s...
by Andrew Donovan | Jul 29, 2015 | Compliance Update
Key rule changes The 14th edition of the SRA Handbook went live on 30 April 2015. The changes are largely administrative and will not have a material impact day-to-day for most firms. Advocates should note that the transitional arrangements under the Higher Rights of...