by Yasmin Robinson | Aug 7, 2023 | News
Hard on the heels of the Solicitors Regulation Authority’s call for unlimited fining powers, oversight regulator the Legal Services Board today announced plans to review the enforcement and investigative tools available to frontline regulators. ‘This could... 
by Yasmin Robinson | Apr 11, 2023 | News
A new offence of failure to prevent fraud will be created by an amendment to the Economic Crime and Corporate Transparency Bill tabled by the government today. Under the measure, an organisation where a fraud has been committed must be able to demonstrate that it had... 
by Yasmin Robinson | Feb 15, 2023 | News
Following public consultation, the SRA has today confirmed the detail of its new approach to levying financial penalties to law firms and solicitors. The reforms, which will come into effect later in the year, will see: the introduction of a fixed-penalty regime for... by Yasmin Robinson | Jun 29, 2022 | News
Under measures introduced today, the Solicitors Regulation Authority has been given new powers to fine solicitors up to £25,000 for rule breaks. The changes mean the SRA can now fine law firms and individual solicitors for a broader range of offences – from... by Yasmin Robinson | May 24, 2022 | News
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...
