The Solicitors Regulation Authority of England and Wales has published the Legal Choices report for 2022. Legal Choices is a website that helps consumers make informed decisions when choosing a legal professional, as well as offering information on a range of legal topics such as legal aid, no win no fee and legal insurance. The…
Bar Standards Board of England and Wales sets out plan to assure competence of barristers
The Bar Standards Board (BSB) of England and Wales has responded to the Legal Services Board statement on ongoing competence. The response comes with an action plan for ensuring the competence of barristers. Currently the BSB employs a number of measures to ensure competence including: The Professional Statement, which describes the knowledge, skills and aptitude that…
HM Treasury releases Anti-money Laundering and Countering the Financing of Terrorism: Supervision Report 2020-2022
HM Treasury has released a report : Anti-money Laundering and Countering the Financing of Terrorism: Supervision 2020-2022. The report, which was published in December 2022, reports on the activity and performance of legal pubic body supervisors in tackling anti-money laundering. The key findings in the report are as follows: inadequate documented policies and procedures inadequate…
The Legal Services Board of England and Wales has published its annual assessment of performance of the legal regulators it oversees
The Legal Services Board of England & Wales has published its annual performance assessment of the eight legal regulators it oversees. Each regulatory body regulates different types of lawyers and service providers, however, all of the bodies have the same obligations under the Legal Services Act 2007. Each regulator was assessed on five categories: Regulatory…
Solicitors Regulation Authority of England and Wales issues financial sanctions guidance
The focus on how UK businesses interact with those connected to certain countries and organisations – and the Government’s sanctions regime – has increased since the Russian invasion of Ukraine. There have been a number of changes to the regime, so the Solicitors Regulation Authority (SRA) has published guidance to help law firms in England…
Solicitors Regulation Authority of England and Wales warns about involvement in SLAPPs
The Solicitors Regulation Authority (SRA) has issued a warning notice to the 200,000 solicitors it regulates about the use of abusive litigation aimed at silencing legitimate critics Known as strategic lawsuits against public participation (SLAPPs), these continue to be of concern for both the SRA and the public. It has therefore produced a warning notice…
The Legal Services Consumer Panel in England and Wales has found ethnic minority clients feel they are not listened to by lawyers
New qualitative research commissioned by the Legal Services Consumer Panel of England and Wales highlights that ethnic minority consumers have lower levels of satisfaction with legal services they have received. The report also suggests ways in which they can be improved. The in-depth engagement with ethnic minority consumers shows that they want prompt, proactive and…
The Legal Services Board of England and Wales publishes new regulatory performance framework
The Legal Service Board, the oversight regulatory of England and Wales, has published a new approach to regulatory performance. This new approach invites the frontline legal regulators to take the lead on demonstrating that they are well-led and have an effective approach to regulating in the public interest. The new approach encourages regulators to continually improve…
The Legal Services Board of England and Wales consulted on experiences of diversity and inclusion in the legal profession
The LSB conducted qualitative research into legal professionals’ lived experiences of counter-inclusive practices. This is with the aim of informing future LSB research and policy activity on equality, diversity and inclusion. The research will also be shared amongst other regulators and professional bodies to better understand the barriers people face during their careers and to…
Solicitors Regulation Authority opens consultation on new indemnity scheme
The SRA is consulting on the arrangements and rules of an indemnity scheme that they run to provide future consumer protection for post six-year negligence. This follows a decision by the Board in September that an SRA-run indemnity scheme offered the most cost-effective and proportionate solution to providing appropriate consumer protection for post six-year claims….