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Legal Services Regulation Blog

3 November 2023

Client confidentiality— to disclose or not disclose?

When it comes to client confidentiality, does the profession draw the line in the right place?
Historically, the paramountcy of client confidentiality, to the exclusion of all else, has been instilled in us from the early days of our legal careers.  We think, it’s fair to say, that many of us faced with a request to disclose would instinctively formulate a response that erred on the side of caution and favoured non-disclosure.
Iain Miller

20 October 2023

The global rise of AI: opportunities and challenges

At the start of November, the government will host the first global summit on artificial intelligence (AI), with a focus on the safe use of AI. The AI Safety Summit will be at Bletchley Park, a venue representing innovation and pioneering, and once the top-secret home of WW2 codebreakers.

Jessica Clay

28 September 2023

BSB issues new Social Media Guidance

Last week the BSB issued new Social Media Guidance, which seeks to help barristers understand how their duties under the BSB Handbook may apply to their use of social media.

Julie Norris

24 August 2023

Law firms: radical reform on the cards for the future supervision of AML

  • Most England and Wales based law firms are regulated by the Solicitors Regulation Authority (SRA), including for anti-money laundering (AML) and counter terrorism (CT) purposes.
  • Under reforms currently being considered, responsibility for the supervision of AML and CT could be taken away from the SRA (and other legal regulators UK-wide), and given to a new body, meaning firms could be subject to dual regulation in future.
  • The consultation on this issue closes on 30 September 2023 and given the potential implications for law firms UK wide, is worth responding to.
Julie Norris

30 June 2023

SANCTIONS: UK lawyers restricted from advising in transactional/non-contentious matters for those tied to the Russia regime: new regulations coming into force on 30 June 2023

The government has today laid before parliament regulations further extending the prohibition of the facilitation of sanction breaches, limiting access to advice from UK lawyers by individuals and businesses tied to the Russian regime, even where they have no underlying nexus with the UK.

Julie Norris

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