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...
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...
