Compliance & Regulation

The director of a law firm and the firm itself have each been fined £25,000 for a series of compliance failures, including widespread accounts rule breaches and anti-money laundering shortcomings.

The regulator of CMCs has highlighted poor service standards, inappropriate sourcing of customers and misleading advertising as among its key areas of concern.

The Solicitors Regulation Authority has come under fire for closing a complaint about a law firm that represented a Russian warlord without any further action.

The collapse of an Anglo-Scottish law firm in 2021 continues to have significant reverberations, with the firm that took on its business now under close scrutiny from the SRA.

A significant appeal that should decide whether a breach of the Money Laundering Regulations is also a breach of the SRA code of conduct starts in the High Court today.

A veteran barrister who attempted to recklessly mislead the court and failed to provide his direct access client with a competent service has been disbarred.

The Legal Services Board has approved plans by the SRA to change its publication policy and keep details of misconduct on its website for longer.

Lawyers giving independent legal advice in cases of potential economic abuse of women are helping the abusers more than their clients, new research has suggested.

A trainee solicitor who misled her employer over why she wanted a day off work, seemingly to hide the fact that she was in court over planning breaches, has been banned from the profession.

The SDT has taken the unusual step of rejecting a solicitor’s admissions that he should have done more due diligence on £24m paid into his firm’s client account.