SRA anti-money laundering blitz continues with £76k in fines – Legal Futures

‘The Solicitors Regulation Authority (SRA) blitz on breaches of anti-money laundering (AML) rules has continued, with more than £76,000 in fines handed out to a solicitor and four law firms.’

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Legal Futures, 22nd April 2024

Source: www.legalfutures.co.uk

SQE marking fiasco: 175 candidates wrongly told they failed exam – Law Society’s Gazette

‘The Solicitors Regulation Authority and SQE assessment provider Kaplan today apologised to 175 students who were wrongly told last month that they had failed their exam.’

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Law Society's Gazette, 15th April 2024

Source: www.lawgazette.co.uk

SRA pulls prosecution after Foreign Office warning – Legal Futures

‘The Solicitors Regulation Authority (SRA) has withdrawn all its allegations against a solicitor and non-lawyer after the Foreign Office advised against taking evidence remotely from a crucial witness in Dubai without permission from the UAE government.’

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Legal Futures, 9th April 2024

Source: www.legalfutures.co.uk

SRA fines “unfair” and “schizophrenic”, solicitors argue – Legal Futures

‘The Solicitors Regulation Authority’s (SRA) approach to fines has been branded unfair and “schizophrenic” in the wake of hefty penalties handed out to solicitors convicted of drink-driving.’

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Legal Futures, 25th March 2024

Source: www.legalfutures.co.uk

Miller: Who lawyers decide to act for is not a regulatory issue – Legal Futures

‘Who lawyers choose to act for is not a regulatory issue – and the Solicitors Regulation Authority (SRA) needs to be clear on this, a leading legal regulatory specialist said yesterday.’

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Legal Futures, 22nd March 2024

Source: www.legalfutures.co.uk

SRA warns solicitors over ‘deepfake’ clients and vendor fraud – Legal Futures

‘The Solicitors Regulation Authority (SRA) has warned lawyers who rely on video calls to identify clients of the risks posed by “deepfake” technology.’

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Legal Futures, 12th March 2024

Source: www.legalfutures.co.uk

SDT dismisses case against Dentons as SRA left with costs bill – Law Society’s Gazette

‘The solicitors’ regulator has suffered a major setback with its prosecution of the world’s biggest firm amounting effectively to nothing.’

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Law Society's Gazette, 11th March 2024

Source: www.lawgazette.co.uk

Three-partner firm slapped with £23k fine for AML oversights – Law Society’s Gazette

‘A firm operating from two small offices in the south west has been hit with a £23,000 fine for failing to comply with money laundering regulations.’

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Law Society's Gazette, 4th March 2024

Source: www.lawgazette.co.uk

SDT rules that solicitor posted antisemitic tweets – Legal Futures

‘The Solicitors Disciplinary Tribunal (SDT) yesterday upheld allegations that a solicitor published antisemitic and offensive posts on social media and also abused Solicitors Regulation Authority (SRA) staff.’

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Legal Futures, 21st February 2024

Source: www.legalfutures.co.uk

Future of compensation fund in question as SRA begins consumer review – Law Society’s Gazette

‘The vexed question of how to protect the public without unfairly burdening regulated solicitors is at the centre of a review of consumer protection announced by the Solicitors Regulation Authority today.’

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Law Society's Gazette, 5th February 2024

Source: www.lawgazette.co.uk

SRA issues first fixed penalty fine for compliance officer rule breach – Legal Futures

‘A law firm in the North-East has become the first to receive a fixed penalty fine for not updating the Solicitors Regulation Authority (SRA) on information about a compliance officer.’

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Legal Futures, 12th January 2024

Source: www.legalfutures.co.uk

SRA: No plans to act yet on Post Office scandal lawyers – Legal Futures

‘The Solicitors Regulation Authority (SRA) could take action against solicitors over misconduct in the Post Office scandal before the public inquiry ends but has yet to see evidence that requires it.’

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Legal Futures, 10th January 2024

Source: www.legalfutures.co.uk

SRA issues first fixed penalty fine for diversity data failure – Legal Futures

‘The Solicitors Regulation Authority (SRA) has handed out the first fixed penalty fine for a law firm’s failure to submit its workforce diversity data within the deadline.’

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Legal Futures, 3rd January 2024

Source: www.legalfutures.co.uk

SRA admits it has “a long way to go” on diversity – Legal Futures

‘The Solicitors Regulation Authority (SRA) still has “a long way to go” on diversity, its chief executive has said – although its gender and ethnicity pay gaps are shrinking.’

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Legal Futures, 13th December 2023

Source: www.legalfutures.co.uk

“Shamelessness” of SLAPPs has grown “but still no disciplinary action” – Legal Futures

‘The number and “shamelessness” of SLAPPs has grown but there has been no disciplinary action taken against the lawyers responsible for how they are run, a major conference was told yesterday.’

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Legal Futures, 28th November 2023

Source: www.legalfutures.co.uk

Leading firm fined £101,000 for anti-money laundering failures – Legal Futures

Posted November 27th, 2023 in fines, law firms, money laundering, news, solicitors, Solicitors Regulation Authority by tracey

‘A leading South-West law firm has been fined £101,357 for failing to act over money laundering red flags on three property transactions, two of which may have involved a sanctioned entity.’

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Legal Futures, 27th November 2023

Source: www.legalfutures.co.uk

Solicitors Regulation Authority wins appeal against Solicitors Disciplinary Tribunal costs order – Law Society’s Gazette

‘A judge has overruled the Solicitors Disciplinary Tribunal’s decision to slash the Solicitors Regulation Authority’s costs claim in a strike-off case. The regulator had sought £22,800 in the case last January but the tribunal awarded only £5,000.’

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Law Society's Gazette, 27th November 2023

Source: www.lawgazette.co.uk

Consolidation of legal regulators “may be a good thing” – Legal Futures

‘Consolidation of legal regulators “may be a good thing” if designed to achieve “the pulling together of knowledge, lessons, consumer research and engagement”, the Legal Services Consumer Panel has said.’

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Legal Futures, 22nd November 2023

Source: www.legalfutures.co.uk

SRA issues report on opportunities and risks of AI – Local Government Lawyer

‘The Solicitors Regulation Authority has set out its views on the opportunities – and risks – presented by artificial intelligence (AI).’

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Local Government Lawyer, 21st November 2023

Source: www.localgovernmentlawyer.co.uk

SRA appeals ‘astonishing’ £5,000 tribunal costs order – Law Society’s Gazette

‘A Solicitors Disciplinary Tribunal costs order of £5,000 was appealed today in the first such challenge by the Solicitors Regulation Authority. Describing the order as ‘astonishing’, the SRA said the correct figure should have been £18,500.’

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Law Society's Gazette, 9th November 2023

Source: www.lawgazette.co.uk