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SRA consultation on client money in legal services – Law Society response

Client accounts are a fundamental tool for the efficient and effective delivery of legal services and the Compensation Fund is a key consumer protection. Many...

Law Society slams SRA proposals to remove client accounts

The Law Society of England and Wales strongly opposes the SRA’s consultation to move client money from traditional solicitor client accounts to third-party managed accounts,...

Legal Services Board guidance on the economic crime regulatory objective – Law Society response

There is no justification for regulators to introduce new compliance requirements beyond the intention of the Economic Crime and Corporate Transparency Act 2023 (ECCTA).

Guidance on new economic crime offence requires careful consideration

The Law Society has responded to the LSB's consultation on guidance for the new regulatory objective of ‘promoting the prevention and detection of economic crime’.

Legal Services Board draft business plan 2025/26 consultation – Law Society response

We've responded to the Legal Services Board's draft business plan and budget 2025/26.

Legal Ombudsman must improve pace of progress

LeO has made inroads to reduce case backlogs and customer journey times, however, it still needs to address the speed of progress.

Legal Ombudsman business plan and budget 2025/26 – Law Society response

The Legal Ombudsman has made some welcome progress in reducing its case backlog. However, we're concerned about the pace of change and proposals to increase...

“Inadequate” risk assessments put firms at risk of regulatory action

Find out what steps you and your firm can take to avoid common anti-money laundering and financial sanctions issues.

Westminster update: new funding for legal aid

Your weekly Westminster updates: progress in criminal legal aid, solicitor general pressed on Axiom Ince report and Labour MP advocates for further powers of attorney...

Independent review reveals major change is needed by the SRA to improve consumer protection

An independent review of the Solicitors Regulation Authority’s handling of the Axiom Ince fallout, commissioned by the Legal Services Board, reveals a catalogue of errors...

Independent review finds SRA handling of Axiom Ince inadequate and ineffective

The Solicitors Regulation Authority did not act adequately, effectively or efficiently in its handling of the Axiom Ince fallout, according to an independent review commissioned...

Law Society urges SRA to focus on its core role, as new report shows insight into perceptions of the regulator

The Solicitors Regulation Authority (SRA) has today published findings* from its corporate strategy benchmarking research, which examines key audiences’ perception of its performance, despite continued...

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