The proposal by the Government for new legislation and offence of failure to prevent. “The introduction of an offence of failure to prevent bribery under the Bribery Act led to a significant shift in the way that businesses approached anti-bribery and corruption and it would be expected that the introduction of a broader offence of […]
LSB state that the SRA ‘will need to consider carefully how it manages the risk’ of overwhelming legal firms (and itself) through such a radical exercise as reducing the SRA Handbook to nearer 50 pages. One common theme arising during the LSB review of the SRA was a concern that consultation outcomes ‘could lead the profession […]
In a recent High Court decision, the Court in Purrunsing v A’Court & Co & House Owners Conveyancers Limited (2016 EWHC 789 Ch) carefully examined the share of responsibility for a fraudulent property transaction where the solicitors were the ‘innocent bystanders’. The Facts – Mr Dawson engaged the services of a solicitor, to sell his property at 35 Merton […]
The Yorkshire Building Society now require CQS accreditation to remain on their panel.
Extract from Legal Futures Law Society has made available a summary put together by OC&C of five core principles which should be observed for all future commercial ventures: Understand risks and plan accordingly. This included understanding customer needs based on robust evidence and avoiding “single large investments”; Establish clear and robust governance structures. This included […]
The sixteenth version of the Handbook was published on 1 April 2016, and all the changes in this version came into effect on that date. Authorisation Rule 4.2 removed. This means that a body’s application for authorisation will no longer need to include a statement of the reserved legal activities that the body intends to […]
BSB won approval yesterday to regulate ABS’s ( alternative business structures) in a move that will heighten competition among legal profession regulators for lawyer business. The Bar Standards Board announced that the overall regulator in England and Wales, the Legal Services Board, had approved its application. The final remaining step is a formal order from the lord […]
The Law Society has published a very helpful note concerning the introduction of Flood Re. Flood Re, a new scheme designed jointly by government and insurers that intends to provide people living in flood-prone areas with lower insurance premiums, will come into effect on 4 April 2016. The introduction of Flood Re is intended to […]
Complaints watchdog to move to alternative dispute model Alternative dispute resolution methods should be used more widely to resolve arguments between clients and their lawyers, the legal profession complaints watchdog has said. The Legal Ombudsman’s office announced that it “will be reviewing our options later this year” in relation to ADR”. In a strategy paperreleased in […]
Land Registry progress-of-your-applications-online-from-14-march/ When Application Enquiry launches, customers will be able to find secure, accurate information about applications with a user-friendly search; and find more detail than ever before including the: progress status, such as: received, priority protected, in progress or delayed reason an application has been delayed where applicable full priority period for Official […]