Controversial £500,000 PII limit plan kicked into long grass (LSG)
The Solicitors Regulation Authority has put reform of the professional insurance indemnity market on the back-burner, it was confirmed yesterday.
Multiplicity of legal regulators “not helping AML fight” (LF)
The “multiplicity” of legal and accountancy regulators in the UK is not helping the fight against money laundering, the Financial Action Task Force has complained.
SRA: Law firms must be able to explain decisions made by AI (LF)
Law firms must be able to explain “automated decisions”, including those involving artificial intelligence, the Solicitors Regulation Authority has warned.