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NEWS

News and information from the world of
regulatory compliance and risk management

Ombudsman report looks at personal injury issues

Ombudsman report looks at personal injury issues

The Legal Ombudsman has looked at the areas of personal injury work that generate the most complaints. Its thematic review focuses on the five main areas during a claims process that it receives complaints about and gives insight into how it determines service and the...

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SRA to boost fining powers by over 1,000% to £25k

SRA to boost fining powers by over 1,000% to £25k

Plans to increase the regulator’s fining powers from £2,000 to £25,000 are to go ahead, the Solicitors Regulation  announced today. A new system of ‘fixed penalties’ for lower-level breaches will also be introduced, enabling cases such as administrative failings to be...

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The new Economic Crime Act

The new Economic Crime Act

The Economic Crime (Transparency and Enforcement) Act 2022 (ECTE) was passed on 15 March 2022. This legislation is designed to prevent foreign owners from laundering their money through UK property by establishing a new register of overseas entities that records...

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New rules around ground rent

New rules around ground rent

The Leasehold Reform (Ground Rent) Act 2022 introduces changes in the way that affect property purchases involving leasehold dwellings. The Act comes into effect at the end of June and if you represent buyers or landlords, you should be aware of the changes it brings...

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