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Regulatory Blog

21 November 2019

StaRs: Time to prioritise, but not to panic

The introduction of the SRA Standards and Regulations (StaRs) on 25 November 2019 brings with it a number of changes to the legal regulatory landscape, as set out by my colleagues in previous blogs in this series. Change is not always something we welcome with open arms, especially when busy workloads leave little time for us to take stock. This, however, is a real opportunity to do just that; review your firm’s current systems, processes and approach to complying with its regulatory obligations, and reflect on your own practice, and improve these for the better.

18 November 2019

Firms need to put legal ethics at the heart of their business

The subject is hardly taught here and there is a real danger many lawyers do not understand. Ethics sits at the heart of the updated regulatory framework that the Solicitors Regulation Authority is set to implement on November 25. The emphasis on behaviour and culture is in stark contrast to the 2011 version, where risk and compliance were the focus.
 

Iain Miller

15 November 2019

The role of a Financial Director – a life in the spotlight

BBC news alerts on our phones seem to be constant these days.  There is of course the small issue of Brexit which is keeping journalists occupied.  However, the state of the economy also features heavily in the news: large corporate collapses have dominated the headlines in recent times.

Julie Matheson

13 November 2019

The new Solicitors Accounts Rules: what has changed?

This edition of our series of blogs on the new Standards and Regulations looks at the key changes to the Solicitors’ Accounts Rules.

 

12 November 2019

No finding of dishonesty – dispensed with in quick order

SRA v Siaw [2019] EWHC 2737 (Admin)

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