Spotlight
Family Law Awards 2020
Shortlist announced - time to place your vote!
Court of Protection Practice 2020
'Court of Protection Practice goes from strength to strength, having...
Jackson's Matrimonial Finance Tenth Edition
Jackson's Matrimonial Finance is an authoritative specialist text...
Spotlight
Latest articles
Book Review on Cohabitation: Law, Practice and Precedents (8th Edition)
It is 27 years since Denzil Lush first produced this book, some subsequent editions of which one has had the pleasure of reviewing for Family Law, and which, for some reason, does not figure as much...
Re AC (A Child) [2020] EWFC 90
(Family Court, Peel J, 11 December 2020)Private Law Children – s 8, Children Act 1989 – Inheritance - Jurisdiction Whether court had jurisdiction to authorise the mother to accept the...
Second reading in the House of Lords of the Domestic Abuse Bill
The Domestic Abuse Bill received its second reading in the House of Lords on 5 January 2021. The committee stage, where the bill will be scrutinised line-by-line, does not yet have a confirmed date....
Remote hearings in family proceedings – how is justice perceived?
The motion for the recent Kingsley Napley debate:  “This House believes remote hearings are not remotely fair” was carried with a fairly balanced 56% in favour and 44% against....
How the care system should change - a child’s perspective
The Children’s Commissioner has published a new investigation into how children affected by the care system would like the current system to change ahead of the government’s planned...
View all articles
Authors

SRA consults on unified Handbook for law firms and ABSs

Sep 29, 2018, 17:34 PM
Slug : SRA22102010
Meta Title :
Meta Keywords :
Canonical URL :
Trending Article : No
Prioritise In Trending Articles : No
Date : Oct 21, 2010, 18:35 PM
Article ID : 92031

Scales The Solicitors Regulation Authority (SRA) has launched a consultation paper setting out a unified regulatory Handbook for both traditional law firms and new Alternative Business Structures (ABSs).

The consultation is the fourth issued by the SRA on fundamental changes to the way in which solicitors and firms are regulated, to take effect from October 2011 - the date when ABSs will also be licensed.

It includes the draft Code of Conduct, revised and developed following responses to the May consultation, plus rules governing key regulatory protections such as the Accounts Rules (to protect clients' money), new tighter procedures for the authorisation of firms and individuals, and reformed disciplinary procedures. It also sets out the proposed new information requirements for firms, to enable the SRA to target its resources on the areas of highest risk.

Chief Executive Antony Townsend said:  "The new Code of Conduct and the outcomes-focused approach to regulation have been generally welcomed, with strong agreement with our proposals to have a common standard of consumer protection for all types of law firms, whether traditional or ABSs.

"Our programme to transform regulation remains on track for 2011. The reforms will help us identify and concentrate on the areas of highest risk, help firms focus on the quality of service to consumers, and bring greater flexibility for well-managed firms, enabling them to deliver services in ways suited to their clients and type of business."

Categories :
  • News
Tags :
Authors
Provider :
Product Bucket :
Recommend These Products
Load more comments
Comment by from