Firms need own credit licence

Firms need own credit licence

Solicitors’ firms may need to seek their own consumer credit licence from the Financial Conduct Authority (FCA) if they want to continue with consumer credit activities, the Solicitors Regulation Authority (SRA) has advised. The FCA will take over the regulation of...
SRA Chief Executive reiterates referral fee approach

SRA Chief Executive reiterates referral fee approach

Solicitors Regulation Authority (SRA) Chief Executive Antony Townsend has reiterated that the Authority has taken an understanding approach to enforcing the ban on the payment of referral fees in personal injury cases. Mr Townsend was speaking at the Legal Futures...