SRA Handbook


Version 21 of the Handbook was published on 6 December 2018. For more information, please click "History" above.

Rule 1: Purpose


The Law Society is a designated professional body under Part XX of FSMA, and firms may therefore carry on certain regulated activities without being regulated by the FCA.


The SRA Financial Services (Scope) Rules 2001 set out the scope of the regulated activities which may be undertaken by firms which are not regulated by the FCA. These rules regulate the way in which firms carry on such exempt regulated activities.

Print page to PDF