SRA Accounts Rules – the essentials

The Solicitors Regulation Authority (SRA) Accounts Rules set out the requirements for when firms (including sole practices) authorised by the SRA, receive or deal with money belonging to clients, including trust money or money held on behalf of third parties. The rules apply to all firms that the SRA regulate, including all those who manage or work within such firms.
Complimentary for Risk and Compliance and Leadership and Management Section Members.