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FCA agrees to consumer credit extension

FCA agrees to consumer credit extension

The Financial Conduct Authority (FCA) has agreed to the SRA’s request for another extension to the transitional arrangements for regulation of consumer credit activities. The transitional period, previously due to end on 1 April 2015, will now run until 31...
SRA warns about client account usage

SRA warns about client account usage

The SRA have published a warning notice reminding solicitors why a client account should not be mis-used for clients or others. The notice explains why use is prohibited, what represents mis-use of the client account, and what action might be taken against those...