Compliance & Regulation
Barrister “recklessly misled” BSB in applying for practising certificate
A barrister who “recklessly misled” the Bar Standards Board into giving him a practising certificate by falsely stating that he was a door tenant at a set of chambers has been disbarred.
Berkshire firm hit with £16k fine for AML compliance failures
A law firm that did not have sufficient anti-money laundering controls in place for nearly six years has been fined £16,000 for its failures.
SDT rules that solicitor posted antisemitic tweets
The Solicitors Disciplinary Tribunal yesterday upheld allegations that a solicitor published antisemitic and offensive posts on social media and also abused SRA staff.
Biggest and smallest regulators top LSB performance assessment
Only the biggest and smallest legal regulators – the Solicitors Regulation Authority and Costs Lawyer Standards Board – have ‘passed’ their annual performance assessments by the Legal Services Board.
Government rejects major changes to SARs regime
The Home Office has rejected changes proposed by the Law Commission almost five years ago, which would have introduced statutory guidance on the suspicious activity reports.
Ministers ask LSB to set out strategy on AI use in legal sector
Ministers have asked the Legal Services Board to outline how it plans to approach the regulation of artificial intelligence in the sector by the end of April.
Solicitor fined £10,000 for directing client’s fees to own bank account
An experienced solicitor has been fined more than £10,000 for taking payments from a client into his own bank account after striking an agreement with the SRA.
New ICO certification for lawyers gives “certainty” on data processing
The Information Commissioner’s Office has approved a certification scheme which it says will provide law firms, chambers and others with “certainty” when processing personal data.
Scotland edges closer to full-blooded ABSs
Reforms to the way legal services are regulated north of the border, including the introduction of alternative business structures with majority non-lawyer ownership, moved a step closer last week.
Show some “energy” to tackle ethics concerns, LSB chief tells regulators
The “lack of energy” from legal regulators to deal with what appears to be strategic failures of regulation is becoming “mildly ridiculous”, the chief executive of the LSB has argued.
Blog
Mind the (justice) gap: Why are RTAs going up but claims still down?
The gap between the number of road traffic accident injuries and the number of motor injury claims continues to widen, according to the latest government data.
Five key issues to consider when adopting an AI-based legal tech
As generative AI starts to play a bigger role in our working lives, there are some key issues that your law firm needs to consider when adopting an AI-based legal tech.
Bulk litigation – not always working in consumers interests
For consumers to get the benefit, bulk litigation needs to be done well, and we are increasingly concerned that there are significant problems in some areas of this market.
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