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 will be running seminars, roadshows, roundtables and conferences around the country throughout 2019 and into 2020. You can choose the format and location that suits you.
See our list of events
Our practice notes cover regulatory matters to help you with your compliance obligations. They are free to members.
Access practice notes
Our Practice Advice Service offers free and confidential support and advice on legal practice and procedure. Call 020 7320 5675 or email email@example.com.
We will keep you up to date through:
Our short and informative Podcasts with Pearl keep you up to date on SRA and other compliance changes.
Listen for free
We have a range of books coming out this autumn to help you navigate the new standards and regulations, including:
To order, contact our Bookshop.
Talk to our relationship managers in your area of England and Wales. They can direct you to events and roadshows near you.
Find your regional representative
Our subscription-based Risk and Compliance Service provides you with a range of benefits to help you keep informed and meet your regulatory obligations.
We also provide a face-to-face Advisory Service for bespoke training and support.
Our Professional Development Centre hosts desk-based learning, including online courses and webinars:
Article 9.2 of the Fourth EU Money Laundering Directive empowers the European Commission to identify 'high risk third countries'
In our client care letter, we advise clients that we have professional indemnity insurance and the value of our cover. We state that the details of our insurer are available on request. Is this sufficient or should we include the details as well?
It is in the public interest that the Legal Services Board demands and scrutinises evidence before approving major rule changes.
We have responded to the Legal Services Board's consultation on its proposed business plan for 2019/20.
This guidance explains the role of the Law Society and other organisations in the reporting of money laundering.
We have published a position paper in response to UCL's independent review of legal services regulation launched last year.
Do I have to inform a client of their right to detailed assessment prior to pursuing them on an outstanding bill?
We are concerned about the level of scrutiny the Legal Services Board has applied to the SRA's application to change its regulatory arrangements.
We have partnered with the government to remind practitioners of the positive impact that quality AML checks can have on tackling dirty money.
We consider the reasons why the 2018 National Crime Agency report on SARs shows a 12% decrease in submissions from the legal sector.
Other advice, products and services from the Law Society:
Martin MacHale explains the process of renewing your firm’s professional indemnity insurance.