The prescribed organisations and terms under which Solicitors, RELs and RFLs are allowed to hold client money in their own name


Status

This mandatory statement prescribes the types of organisations where solicitors, RELs and RFLs who work in them can hold client money in their own name, pursuant to paragraph 4.3 of the SRA Code of Conduct for Solicitors, RELs and RFLs.

It also prescribes the terms that the SRA has determined should apply to the holding of client money in their own name by any such solicitors, RELs and RFLs.

Prescribed terms

Open all

The prescribed organisations and terms under which Solicitors, RELs and RFLs are allowed to hold client money in their own name

You are reading current version in effect from 25 November 2019
Print this section Copy highlighted section to clipboard
Back to
You are reading current version in effect from 25 November 2019