Conflict – Do I need to report to my lender client or not?
The scope for conflict in a conveyancing transaction when acting for a buyer and the buyer’s lender is extensive and is often overlooked by busy practitioners.
City lawyers slam Land Registry sell-off plan (LSG)
City lawyers have warned the government that proposals to transfer most of the functions of Land Registry to a private contractor could damage the ‘fundamental foundation stone’ of the UK’s […]
SRA warns firms against charging for money laundering checks (LF)
Law firms that charge clients for money laundering due diligence checks are at risk of breaking the rules, the Solicitors Regulation Authority has warned.
SRA anti money laundering thematic review shows law firms are doing well
Law firms are generally well set to deal with the risks of money laundering, according to the latest in a series of thematic reports on topical issues.
SRA warns against money laundering ‘complacency’ (LSG)
Law firms are generally effective at tackling money laundering, but the Solicitors Regulation Authority says solicitors must avoid complacency after it uncovered examples of malpractice during site audits.