The Office of Financial Sanctions Implementation has set up a new legal sector engagement forum

The Office of Financial Sanctions Implementation, a division of HM Treasury UK, has set up a new legal sector engagement forum. The OFSI helps ensure financial sanctions are understood, implemented and enforced. The forum has been set up to enhance the direct engagement between the OFSI and the legal sector. The forum is an opportunity…

Scottish Parliament introduces Regulation of Legal Services (Scotland) Bill

The Scottish Parliament has brought in a new regulatory framework to change the way the Scottish legal market is regulated. The Bill provides for more competition and innovation in the regulation and provision of legal services. Existing regulators will retain their regulatory function but must become independent from other functions such as representing the membership…

Legal Sector Affinity Group of the Law Society of Scotland implements updated AML guidance

The Legal Sector Affinity Group has implemented it’s updated guidance on anti-money laundering. The guidance has been approved by HM treasury. The updates reflect changes in the Money laundering, Terrorist Financing and Transfer of Funds Regulations 2017. These include: Guidance on the new requirement to carry out proliferation financing risk assessments, either as part of…

New accreditation launched in Scotland for paralegals working in immigration law

The Law Society of Scotland has launched a new accreditation for paralegals working in immigration law. The new accreditation is in response to the expanding need in immigration law and recognises the increasing speciality of the area of law. The accreditation is voluntary and the process involves demonstrating the Law Society’s General Competencies and Standards…

The Scottish Government publishes its official remarks in response to reforms on legal regulation

The Scottish government plans to bring forward legislation to reform and update the regulation of legal services in Scotland. The proposed legislation comes on the back of a consultation undertaken in 2021 to identify areas of improvement in a regulatory system largely written in the 1980s. The consultation ran between October and November 2021, with…

Law Society of Scotland to introduce new anti-money laundering attestation process

The Law Society of Scotland’s Anti-money Laundering team has launched a new supervisory attestation process. This new process is set to reach practices which do not fall under the scope of the AML team’s full high risk inspection process. The new process will see the selected practices provide assurances across the 36 Key Compliance Principles…

The Scottish Government has released the results of its public consultation process into the outcomes of the 2017 Roberton Review

In 2017, the Scottish Government commissioned an independent Review of the regulation of legal services in Scotland (known as the Robertson Review). The primary recommendation from this was: “There should be a single regulator for all providers of legal services in Scotland. It should be independent of both government and those it regulates. It should…

The Law Society of Scotland launches the Innovation Cup 2022 to find the latest idea in risk management

The search for the latest idea in risk management within the Scottish legal profession was launched on 13th June. The Law Society of Scotland launched the Innovation Cup 2022 and has invited Scottish solicitors, paralegals, trainees, cash-room staff and student associates to submit their ideas for risk management products, tools or strategies. The winning idea…

Mandatory use of the Civil Online platform for simple procedure claims now permanent in Scotland

The system makes it mandatory for agents or party litigants to file their simple procedure claims directly via the Scottish Courts and Tribunals Service (“SCTS”) Civil Online platform, or by using the internet interface to the SCTS case management system. This process was brought in to mitigate the risk of face-to-face contact throughout the COVID-19…