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Day: 10 September 2015

Proposals for consumer credit regulation adopted by SRA Board

Solicitors should be able to carry out certain consumer credit activities under SRA authorisation as long as their activities are central to the legal services they provide, the SRA Board […]

SRA Compensation Fund pays out over £23 million

The SRA Compensation Fund paid out over £23.8 million in the year to 31 October 2014, latest figures reported to the SRA Board meeting recently reveal.

SRA hits back after Law Society attack on indemnity reforms (LF)

Paul Philip, chief executive of the Solicitors Regulation Authority, has hit back after the regulator’s indemnity insurance reforms were fiercely criticised by the Law Society.

SRA postpones introduction of third-party alternative to client account (LF)

The introduction of third-party managed accounts as an alternative to traditional client accounts will be postponed by at least a year to the end of 2016, the Solicitors Regulation Authority […]

Solicitors free to offer ‘central’ consumer credit (LSG)

Solicitors will be able to carry out certain consumer credit activities under the wing of the Solicitors Regulation Authority – a year after the regulator proposed dropping the responsibility altogether.

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