Guidance

Do I need to operate a client account?

Issued on 4 July 2019 | Reviewed 25 November 2019

Status

This guidance is to help you understand your obligations and how to comply with them. We may have regard to it when exercising our regulatory functions.

Who is this guidance for?

These questions and answers are for SRA-authorised firms that receive and hold client money in the form of fees and disbursements and want to rely on the exemption not to operate a client account.

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Further help

If you require further assistance, please contact the Professional Ethics helpline.