Entries by Paul Wilkinson

Law Firm Growth and Compliance Seminar

New Code of Conduct 2018 and Solicitors Accounts 2018 Have you had time to study the new draft from the SRA ? If not, I have just been asked to give a talk on this at The Law Society in Chancery Lane for the Law Firm Growth and Compliance Seminar Tue 24 October 2017 09:30 – […]

 New AML EU 4th Money Laundering Directive now in force

  The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 implement the EU 4th Money Laundering Directive. The final version includes changes from a draft published earlier in the year. Amy Bell, who runs Amy Bell Compliance and chairs the Law Society’s money laundering task force, said the new regulations repeal and replace […]

SRA highlights publication of Treasury money laundering regulations

SRA highlights publication of Treasury money laundering regulations 23 June 2017 We are working on new guidance for law firms, which we aim to publish shortly, following the announcement of new money laundering regulations by the Treasury. The Money Laundering, Terrorist Financing and Transfer of Funds Regulations 2017 have been published here: Go to the […]

PIE and PSG to merge

Property Information Exchange Ltd (PIE), creator of the market-leading brands poweredbypie and Brighter Law, has merged with PSG Connect Ltd (PSG) to create the number one provider of legal services for the residential conveyancing industry. David Brown, CEO of PIE commented on the merger, “PSG are a great fit for our business; they share our […]

Draft SRA Accounts Rules 2018 Published

Draft SRA Accounts Rules 2018 Published The draft SRA Accounts Rules 2018 were published by the SRA on Wednesday 14 June 2017 and have been reduced to just seven pages containing twelve rules. As expected, the Solicitors Regulation Authority (SRA) has, as a result of feedback received during their consultation on proposed changes to the […]

SRA to cap profits made by SQE provider

The Solicitors Regulation Authority is to impose a cap on profits made by the supplier chosen to run the super-exam assessment. The regulator yesterday opened the tender for a provider to administer the Solicitors Qualifying Exam from September 2020. The tender document reveals that the SRA intends to keep controls over the exam’s content and […]

New SRA Handbook will not be implemented before Autumn 2018

Following consultations last year, SRA are today publishing their decisions and consultation response documents. The SRA Board has agreed: ·         New SRA Principles Our new Principles clearly and concisely state the high ethical standards we expect of those we regulate. ·         Two new Codes of Conduct The code for individuals sets out the professional standards […]

Law Society to pay Socrates up to £230,000 in costs

Competition Appeal Tribunal ordered the Law Society to pay Socrates Training’s costs up to a maximum of the approved budget of £230,000. Last month, the tribunal ruled that the Law Society abused its dominant position by requiring over 3,000 law firms to buy its own fraud training in order to maintain their Conveyancing Quality Scheme […]

AML Masterclass from Amy Bell

AML Masterclass in London from Amy Bell Thursday 15th June 2017 at 1300 DESCRIPTION The Masterclass is a 3.5 hour course, which looks at the requirements for the MLRO, and includes the changes which will be needed to implement the upcoming Money Laundering Regulations 2017. The course includes: In-depth review of the Proceeds of Crime […]