SRA Standards and Regulations

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SRA Overseas and Cross-border Practice Rules

Rule 1

Application

The Overseas Rules apply to you: as a regulated individual who is practising overseas, in place of the SRA Principles and the SRA Code of Conduct for Individuals; or as a responsible authorised body in that you must ensure that your overseas practice and the individual managers, members and owners that are involved in the day to day or strategic management of your overseas practice, comply...
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SRA Overseas and Cross-border Practice Rules

Rule 3

Dealings with client money

In all dealings you have with client money (overseas) you must: safeguard client money and assets entrusted to you; keep client money (overseas), separate from money which belongs to you; on receipt, pay client money (overseas) promptly into, and hold it in, an overseas client account, unless: to do so would conflict with your obligations under local law or regulation or with any obligation...
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SRA Financial Services (Scope) Rules

Rule 1

Application

These rules apply to authorised bodies that are not regulated by the FCA, their managers and employees and references to "you" in these rules should be read accordingly. Where an authorised body is a licensed body, these rules apply only in relation to the activities regulated by the SRA in accordance with the terms of the body's licence.
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SRA Financial Services (Scope) Rules

Rule 4

Corporate finance

You must not act as any of the following: sponsor to an issue in respect of securities to be admitted for dealing on the London Stock Exchange; nominated adviser to an issue in respect of securities to be admitted for dealing on the Alternative Investment Market of the London Stock Exchange; or corporate adviser to an issue in respect of securities to be admitted for dealing on the ICAP...
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SRA Financial Services (Scope) Rules

Rule 5

Insurance distribution activities

You may only carry on insurance distribution activities as an ancillary insurance intermediary. You must not carry on any insurance distribution activities unless you: are registered in the Financial Services Register; and have appointed an insurance distribution officer who will be responsible for your insurance distribution activities. If you are carrying on, or proposing to carry on,...
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SRA Principles

Rule

SRA Principles

You act: in a way that upholds the constitutional principle of the rule of law, and the proper administration of justice. in a way that upholds public trust and confidence in the solicitors' profession and in legal services provided by authorised persons. with independence. with honesty. with integrity. in a way that encourages equality, diversity and inclusion. in the best interests of each...
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SRA Principles

Rule

SRA Principles

You act: in a way that upholds the constitutional principle of the rule of law, and the proper administration of justice. in a way that upholds public trust and confidence in the solicitors' profession and in legal services provided by authorised persons. with independence. with honesty. with integrity. in a way that encourages equality, diversity and inclusion. in the best interests of each...
Found in

SRA Assessment of Character and Suitability Rules

Rule 6

Disclosure and evidential requirements

Subject to rule 6.3 below, on making an application under any of the provisions set out in rule 1.1, you must disclose all matters, wherever they have taken place (including overseas), which are relevant to the SRA's assessment of your character and suitability, including, where practicable, any information set out in Table 4 which is relevant to the matter in question. On making an...
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SRA Assessment of Character and Suitability Rules

Rule 1

Application

These rules apply where the SRA is making a decision as to whether it is satisfied regarding your character and suitability: on early assessment under regulation 5.2 of the SRA Authorisation of Individuals Regulations; at admission or restoration to the roll under regulations 1.1, 3.1, 3A.1, 3F.1, 4.1 and 5.9 of the SRA Authorisation of Individuals Regulations; on approval as an authorised...
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SRA Assessment of Character and Suitability Rules

Rule 3

Criminal conduct

The SRA will consider criminal conduct when assessing your character and suitability, in accordance with Table 1 below, subject to the Rehabilitation of Offenders Act 1974 and the Rehabilitation of Offenders Act 1974 (Exceptions Order) 1975 and bearing in mind the public interest in supporting the rehabilitation of offenders. For the avoidance of doubt, Table 1 is a non-exhaustive list. Table...