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.
Home movers who use agent-recommended conveyancer ‘paying over the odds’ (PIE)
Almost half of failed property transactions over the past year are the fault of conveyancing delays, while buyers pay more to use an estate agent’s legal service.
Anti-corruption statement by professional bodies
Bribery and corruption represent serious threats to economic growth, individual livelihoods and civil society across the world.
Free2Convey to relaunch “within weeks” (LF)
Free2Convey, the conveyancing portal designed as a free rival to the Law Society’s failed portal Veyo, is to relaunch itself to conveyancers, estate agents and the public “within weeks”, it […]
Slashing back the Handbook could be ‘too much’ – LSB (LSG)
A wholesale review which is expected to slash the Solicitors Regulation Authority Handbook from over 600 pages to nearer 50 may be ‘too much’ for law firms to cope with, […]
Relief for home buyers as the Government may ban ‘gazumping’
Gazumping could be banned by the Government, as it has emerged that officials have held private meetings with industry to discuss bringing forward the point at which house sales become legal, […]
Unfair Constraint on Free Choice of Legal Regulator (IC)
Changing from one regulator to another should not be difficult and should not be restricted due to the exclusive and unnecessarily stringent arrangements operating between one regulator and the insurance […]
95% of independent lawyers and mid-sized firms braced for rough times (TC)
Almost all independent and mid-sized firms say they are bracing for hard times according to a report commissioned by LexisNexis.
New flood protection scheme to be reviewed in 2019 (LSG)
Conveyancing specialists have welcomed news that 29 insurers have signed up to a new flood protection scheme.
Law Society to consider council shakeup (LSG)
A smaller council and a management board including lay members feature in proposals for a new governance model for the Law Society expected to be put before the Society’s governing […]