by Rob | Sep 9, 2014 | News
The “flaws and limitations” of the Legal Services Act are “all too apparent” and, as every year goes by, it is moving closer to “the regulatory equivalent of the knacker’s yard”, Professor Stephen Mayson has said.
by Rob | Sep 9, 2014 | News
The Solicitors Regulation Authority (SRA) has hit back at criticism from the Legal Services Board (LSB) over its plans to cut the minimum compulsory cover for law firms from £2m to £500,000.
by Rob | Sep 8, 2014 | News
The head of the standard bearer for alternative business structures has admitted the company grew too fast in its early years.
by Rob | Sep 8, 2014 | News
The Solicitors Regulation Authority (SRA) is stepping up its efforts to ensure solicitors firms do not become embroiled in money laundering activity and are compliant with the various regulations and legislation associated with anti money laundering compliance.
by Rob | Sep 8, 2014 | News
The Solicitors Regulation Authority today announces a new initiative to ensure ‘high risk’ firms are not engaging in money laundering.
by Rob | Sep 8, 2014 | News
The Solicitors Regulation Authority (SRA) is launching a crackdown on money laundering today, in conjunction with the National Crime Agency (NCA).
by Rob | Sep 8, 2014 | News
The Legal Services Board (LSB) is to hire an external accountant to examine how the Law Society and other regulators spend money raised through practising certificate (PC) fees.
by Rob | Sep 8, 2014 | News
The Land Registry has said it is keen to involve solicitors in its controversial programme to take over the local land charges database – a vital source of conveyancing search information – from local authorities. An external advisory board which will include...
by Rob | Sep 7, 2014 | News
A raft of measures to prevent money laundering highlights the difficulty lawyers face in holding confidential financial information for clients in a high-tech world.
by Rob | Sep 7, 2014 | News
The company simply grew too quickly – and the clear-up job is a painful one.
by Rob | Sep 7, 2014 | News
Comparison websites for solicitors’ indemnity would make system more efficient.
by Rob | Sep 7, 2014 | News
Two major banks have admitted sending debt collection letters to customers purporting to be from independent firms of solicitors.
by Rob | Sep 5, 2014 | News
A debate on Stamp Duty ended with a Treasury minister rejecting calls for the threshold to be raised to £500,000 and for first-time buyers to be exempt.
by Rob | Sep 5, 2014 | News
The Council of Mortgage Lenders has published a manifesto aimed at the political parties in advance of the next General Election.
by Rob | Sep 5, 2014 | News
Falling revenue from personal injury work is the reason for the £5.1m lossannounced by Co-operative Legal Services (CLS) yesterday, managing director Matt Howells has said.
by Rob | Sep 5, 2014 | News
Turnover is up by two-thirds in the two years since James Caan invested in Staffordshire-based Knights, the firm has announced.
by Rob | Sep 5, 2014 | News
The Solicitors Regulation Authority (SRA) is to review whether the requirement for small law firms to have compliance officers is “overkill”, it emerged today.
by Rob | Sep 5, 2014 | News
Losses at the Co-op’s legal subsidiary increased by 70% in the first half of this year, the parent Co-operative Group announced.
by Rob | Sep 5, 2014 | News
The Solicitors Regulation Authority has hinted that it will reform its compliance officer scheme – just 20 months after the roles were introduced.
by Rob | Sep 4, 2014 | News
There is mystery over why Ed Lester, the chief executive and chief land registrar at the Land Registry, is quitting in 2015 after taking up the roles only last year.
