The SRA Handbook is being replaced by Standards and Regulations from 25 November 2019. The new regulations are shorter than the existing Handbook and many prescriptive rules will be removed.
Major changes that you will need to be aware of include:
We have a range of resources to help you and your firm comply with the new regulatory framework.
We've responded to the SRA's proposals to change its principles for lawyers seeking admission in England and Wales.
Article 9.2 of the Fourth EU Money Laundering Directive empowers the European Commission to identify 'high risk third countries'
Overview of requirements under the SRA Code and SRA Accounts Rules for keeping client money safe.
The Law Society and Solicitors Regulation Authority have agreed to establish the SRA as a distinct legal entity within the Law Society Group.
Marzena Lipman, regulatory policy adviser at the Law Society, gives a brief summary of the Legal Services Board's Business Plan 2020-21 proposals and our response.
Anjali Mouelhi, Regulatory Policy Adviser at the Law Society, explains why we oppose the Legal Ombudsman's proposed budget hike.
We've responded to an HM Treasury and HM Revenue and Customs technical consultation on changes to the registration of beneficial ownership information of trusts.
We have responded to the Legal Services Board's (LSB) consultation on its new Business Plan for the period between 2020 to 2021.
We've responded to the OLC corporate strategy 2020-23 consultation paper.
We have responded to the Solicitors Regulation Authority's (SRA) consultation on its new Corporate Strategy for the period between 2020 to 2023.
Other advice, products and services:
Our members have raised concerns about the risks associated with the potential grey areas within the new SRA Standards and Principles. Our practical, interactive online course helps you to navigate the new rules, implement the changes and shed light