by Yasmin Robinson | Sep 20, 2013 | News
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...
by Yasmin Robinson | Jul 9, 2013 | News
The Law Society has launched its first recognised quality standard for wills and estate administration. The Wills and Inheritance Quality Scheme (WIQS), which will open for applications on 31 October, is aimed at SRA-regulated practices that offer will drafting,...
by Yasmin Robinson | Jun 7, 2013 | News
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...
by Yasmin Robinson | Jun 7, 2013 | News
The SRA have issued new guidance on when a firm can act for both buyer and seller in a conveyancing transaction. To achieve Outcome 3.5 of the Code, you must not act for two or more clients in a related matter if there is a conflict, or a significant risk of a...
by Yasmin Robinson | Jun 6, 2013 | News
The Solicitors Regulation Authority (SRA) has warned law firms of the temptation of straying from the compliance path as the tough economic climate continues. SRA Chief Executive Antony Townsend has told delegates at the “Compliance and the role of the COLP and...