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 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.
Our guidance on the corporate offence of failure to prevent the criminal facilitation of tax evasion has been revised with HMRC and approved by the chancellor.
This practice note aims to provide practical assistance on how to manage responding to a financial crime investigation and provides a short overview of the main powers available to law enforcement.
Resources to help solicitors understand their legal and professional duties around financial crime.
We've responded to Professor Mayson's interim report setting out his proposals for the future regulation of the legal framework in England and Wales.
This practice note sets out guidance and information on entity-based regulation.
Handling complaints well is essential for firms that want to stay competitive, and may protect your firm's reputation and prevent future complaints.
Other advice, products and services:
The SRA Handbook is being replaced by the Standards and Regulations from 25 November, changing the way that the profession will be governed. Find out what’s changing and how we can help you and your firm stay compliant.