All Regulation and compliance articles – Page 131
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NewsSRA keen to relax accounts submission rules
Regulator wants accountants to employ more professional judgement in testing firms’ finances.
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News‘Self-lawyering’ is the future, consumer watchdog forecasts
Panel says access to justice will be enhanced if consumers empowered to handle their own legal affairs.
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NewsHSBC legal chief warns of ‘enforcement trajectory’
In-house lawyers urged to anticipate regulatory enforcement trends to help their companies avoid investigations.
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OpinionHate them if you like, but we need McKenzie friends
Clients are facing an advice vacuum – they need any help they can get.
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NewsLitigation deluge set to follow record forex fines
Pension funds in vanguard of civil litigation after banks fined for rigging forex market.
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FeatureLegal training: making the grade
Paralegals can now qualify as solicitors if they meet the same standards as trainees through ‘equivalent means’ of training. But firms face practical difficulties.
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NewsMcKenzie friends body lays down law
New trade association for McKenzie friends wants all members to be insured and meet minimum standards of qualification and experience.
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News
Legal aid form to be amended
Aid agency rolls out new electronic form after lawyers flag up problem.
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NewsSRA warns firms could be liable for imposters
Regulator says 46% of all reports about bogus practices involve the identity theft of a law firm or solicitor.
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NewsRegulator promises ‘flexible’ route to profession
Some 2,000 solicitors have contributed to a ‘competence statement’ identifying the skills that new members of the profession should have.
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NewsClaims management complaints regime to begin in January
Ministry of Justice says expansion costs – estimated at around £2.9m a year – should be met by the industry itself.
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NewsKennedys becomes ABS but no external investment planned
Top-30 firm says new status will give it more opportunities to grow.
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NewsHundreds of firms given PII false alarm
Regulator blames poor data from insurers as it informs firms - incorrectly - that they may be entering cessation period.
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OpinionWhat is a lawyer?
The boundary between being a lawyer and non-lawyer is becoming blurred – but we still have one thing to hold on to.
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NewsFirm acts against ‘spy in the cab’
Maitland Hudson starts proceedings against former compliance officer over removal of documents he passed to the SRA.
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NewsBSB reveals three chambers with immediate financial issues
Trio subject to monitoring by regulator, following pilot supervision scheme.
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NewsOutstanding compensation fund claims value halved
Pending value of open claims has dropped 27% since the end of June.
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NewsSuper-regulator appoints new chief executive
Richard Moriarty will join the Legal Services Board in early 2015.