Warning notices do not form part of the SRA Handbook, but we may have regard to them when exercising our regulatory functions.
The warning notices listed under the heading Pending review below were written and issued before the introduction of the SRA Handbook on 6 October 2011 and may refer to regulatory material that is no longer in effect. For further information, please contact our Professional Ethics helpline.
Referral fees LASPO and SRA Principles: Warning notice
Issued on 11 October 2013 — This notice is for all practitioners who have referral arrangements for personal injury work. It reminds practitioners of the need, when entering into such arrangements, to consider not only whether they may be in breach of the ban in the Legal Aid, Sentencing and Punishment of Offenders Act 2012 (LASPO), but whether they are able to comply with their regulatory obligations, in particular the SRA Principles and the outcomes in the SRA Code of Conduct 2011.
High-yield investment fraud: Warning notice
Issued on 10 September 2013 — This warning notice is for anyone who is involved in, or is considering acting for clients involved in, the promotion or facilitation of financial arrangements that appear dubious.
Debt recovery work and relationships with debt recovery businesses: Warning notice
Issued on 11 June 2013 — This notice provides information about some regulatory issues which might arise in connection with debt recovery work including arrangements between firms and debt recovery companies.
Land banking schemes: Warning notice
Issued on 14 September 2012 — This warning notice is for anyone who is involved or who is considering acting for clients involved in the promotion or facilitation of investment schemes which involve selling plots of land to investors on the basis of prospective planning permission.Whilst this notice does not form part of the Solicitors Regulation Authority's (SRA) Handbook, the SRA may have regard to it when exercising its regulatory functions.
Bogus law firms and identity theft: Warning notice
Issued on 26 March 2012 — There are serious and continuing risks to the public arising from the activities of criminals and criminal gangs who are setting up bogus law firms or bogus branch offices of genuine law firms with the intention, usually, of stealing mortgage loans. This warning provides information about the threat and advice about how to protect yourself and others from it.
Stamp duty land tax schemes: Warning notice
Issued on 16 February 2012 — This warning notice is for anyone who is or is considering becoming involved in the promotion or facilitation of schemes the purpose of which is to avoid or reduce stamp duty land tax. We are particularly concerned with schemes involving residential properties, but this notice may be helpful in relation to schemes involving any type of property.