Separate-business rule relaxation ‘will increase consumer choice’ (LSG)
The oversight regulator has rubber-stamped proposals to allow solicitors and law firms to own or manage businesses in other professions.
Cameron says money laundering via property must stop (PIE)
Yesterday, the Prime Minister announced measures designed to unmask corrupt offshore company using the UK property market to hide their ‘dirty money’.
Solicitors ‘in denial’ about threat from accountants (LSG)
Accountants will soon be competing directly with solicitor firms ‘on every high street in the country’, according to a leading financial advisor to the legal sector.
SRA chief urges caution over legal regulation reform (LSG)
The head of the Solicitors Regulation Authority has called for caution amidst demands for wholesale reform of the regulatory regime.
Firms under scrutiny over measures to prevent money laundering (LSG)
Regulators have been forced to make repeat visits to some firms over concerns about the potential for money laundering, it has emerged.
Trouble ahead for conveyancers? (TC)
The current state of the UK housing market, leaves conveyancers with an uphill battle.
Law firm faces £5.1m breach of contract claim (LF)
London commercial property law firm Maples Teesdale is facing a claim for up to £5.1m for repudiatory breach of contract after losing a bid in the High Court to have […]
‘Compelling case’ for reforming regulation – LSB (LSG)
A report from the profession’s umbrella watchdog has warned that maintaining the current regulatory framework will inhibit reform and fail to create an environment for economic growth.
The SRA’s third annual COLP and COFA conference
This year our COLPs and COFAs conference, will be all about what “Making it easier to do business ” means to you in terms of your role.
End of shambolic Green Deal could put landlords in difficulty (PIE)
Taxpayer funding to the Green Deal Finance Company has ended the Green Deal itself, meaning likely redundancies and closures of some firms.
Money laundering: agents warned by National Crime Agency (EAT)
Estate agents have been warned by the National Crime Agency that they must not hesitate to inform the authorities if they have any suspicion that a buyer is seeking to […]
CHAPS settlement day extension (LSG)
The Bank of England has announced it is extending the Clearing House Automated Payment System (CHAPS) settlement day to align more closely with the typical business day.