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Regulatory Blog

12 April 2019

Innovation and data protection compliance: when opposites attract

Getting your black letter law data protection specialists to join your post-it wielding innovators on their bean bags might be challenging but it is important. Perhaps try breaking the ice with some table tennis and piano-led house music (a scientifically proven method).  

10 April 2019

SRA AML audits: be prepared

The Solicitors Regulation Authority (“SRA”) confirmed in March that it will be writing to a “large number” of firms (400) asking to see evidence of compliance with the Money Laundering Regulations 2017 (“MLR 2017”). A failure to respond to the SRA request can have regulatory and criminal consequences.

Jonathan Grimes

1 April 2019

Think before you tweet – the perils of social media for the accountancy profession

Social media has introduced to professionals a global platform for promoting services to an ever-growing audience in order to network and reach out to new clients. It is increasingly a key focus of marketing strategy. Not only this but it is a space within which professionals can share and acquire knowledge.

27 March 2019

The care home sector in the spotlight

In March 2019, older people’s charity, Independent Age, raised a number of issues relating to worsening quality of care homes. In this blog we address how care homes are regulated and the issues highlighted in the report by Independent Age.

Shannett Thompson

25 March 2019

SRA to undertake AML audits as enforcers keep focus on “professional enablers”

Recent political statements as to the role professionals can play in money laundering by “providing a veil of legitimacy to organised criminals” has led to a focus on “lawyers, accountants and estate agents [who] are too often woven into their web.”

Jonathan Grimes

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