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SRA warns profession to watch language in emails and tweets

SRA warns profession to watch language in emails and tweets

by Yasmin Robinson | Aug 24, 2017 | News

Amidst an increase in cases involving solicitors being reprimanded for their use of offensive language in electronic media, the SRA has today published a warning notice about ‘offensive communications’ reminding the profession of its responsibilities when sending...
Compliance with the new Money Laundering Regulations – Where to start?

Compliance with the new Money Laundering Regulations – Where to start?

by Yasmin Robinson | Aug 15, 2017 | News

The Money Laundering Regulations 2017 have been in force since 26th June. While the SRA have said that they are taking a proportionate and pragmatic approach as firms take steps to comply with the new requirements, there is no indication of what this means in practice...
SRA publishes 2017/18 Risk Outlook amongst reports that cybercrime against law firms is higher than ever

SRA publishes 2017/18 Risk Outlook amongst reports that cybercrime against law firms is higher than ever

by Yasmin Robinson | Jul 25, 2017 | News

The SRA has today published its 2017/18 Risk Outlook emphasizing that there has been a record number of reports of cyber thefts from law firms reported in the first quarter of this year, with house moves the main target, according to the SRA’s latest...
New Money Laundering Regulations come into force today

New Money Laundering Regulations come into force today

by Yasmin Robinson | Jun 26, 2017 | News

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 come into force today. This means a number of new obligations: You must undertake a risk assessment, based on a number of factors such as client types,...
Ground rent escalation clauses –  Solicitors’ failure to warn clients of hidden timebombs leads to wave of professional negligence claims

Ground rent escalation clauses – Solicitors’ failure to warn clients of hidden timebombs leads to wave of professional negligence claims

by Yasmin Robinson | May 3, 2017 | News

Conveyancing solicitors and their indemnity insurers are facing an influx of professional negligence claims for failing to advise clients and mortgage lenders of soaring ground rent clauses on leasehold properties. With several large developers selling new build...
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