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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...