Press release archive for 2015
The SRA has announced five new appointments to its Board.Consumer credit regulation passes final hurdle, 14 December 2015
Our new model for consumer credit regulation has passed its final hurdle.Thousands have their say on solicitors' standards , 14 December 2015
More than 4,000 people have already had their say in a national campaign looking at what should happen when solicitors fall short of expected standards.SRA proposes a Solicitors Qualifying Examination for all new solicitors, 07 December 2015
We are proposing a shake-up in the way solicitors qualify, with a consultation on a new standardised system for assessing trainees.SRA's latest Business Plan continues good work, 02 December 2015
The SRA has today published its latest Business Plan, setting out how it will build upon the progress made in the last 12 months.SRA backs call for independent legal regulators , 02 December 2015
The SRA Board has welcomed the Government proposals to make legal service regulators independent from their representative bodies.SRA launches new ways to engage, 19 December 2014
We have launched new ways to engage with members of the public and the profession, making information about our work as accessible as possible. We are now using social media sites Facebook and Pinterest to carry messages about what we are doing. This adds to our well-established presence on Twitter, LinkedIn and Wikipedia.
As part of our regular review of risks for the legal sector, we have today (30 November) issued advice to help small law firms stay one step ahead of the issues they face.SRA looks to the future, setting out a new regulatory model, 26 November 2015
The Solicitors Regulation Authority has outlined its vision for the future, pushing ahead with a fundamental shift away from prescriptive rules in favour of protecting the public by setting out the principles solicitors should follow.Solicitors targeted by fake Land Registry emails, 19 November 2015
Solicitor firms are among those being targeted by emails claiming to be sent from the Land Registry.Maidstone gets a vote on legal questions of trust, 19 November 2015
Maidstone will be having its say in a major campaign looking into what should happen when solicitors fall short of expected standards.Law firms take SRA's A Question of Trust campaign into office, 17 November 2015
The SRA's interactive 'A Question of Trust' campaign has caught the attention of law firms, with a number asking the regulator for help to explore the issues with their staff.Leeds gets a vote on legal questions of trust, 16 November 2015
Leeds will be having its say in a major campaign looking into what should happen when solicitors fall short of expected standards.Consumer credit regulation passes next hurdle, 12 November 2015
Our proposed regime for consumer credit regulation has passed its latest hurdle.Chester gets a vote on legal questions of trust, 11 November 2015
Chester will be having its say in a major campaign looking into what should happen when solicitors fall short of expected standards.SRA championing innovation in the legal sector, 09 November 2015
We have today (9 November) unveiled a new initiative to support legal services firms that want to innovate and grow their business in creative ways.SRA introduces more changes to help businesses thrive, 02 November 2015
Changes that will make it easier for law firms to do business are included in the latest version of the SRA Handbook, which was published on 1 November.SRA's regulatory approach will aid pro bono, 02 November 2015
The Solicitors Regulation Authority's programme of regulatory reform will aid pro bono work in the legal sector, the head of the SRA has said.
The Solicitors Regulation Authority has published guidance to explain changes to accountant’s reports which come into effect for accounting periods ending on or after 1 November.SRA helps law firms provide more services to consumers, 28 October 2015
The Solicitors Regulation Authority is helping law firms that want to expand their business beyond traditional legal services by publishing new guidance on the Separate Business Rule.Birmingham gets a vote on legal questions of trust, 19 October 2015
Birmingham will be having its say in a major campaign looking into what should happen when solicitors fall short of expected standards.Research reveals increasing pressure on city law firms from clients, 19 October 2015
New research published today suggests that clients are increasingly trying to impose challenging terms of engagement on the city law firms.SRA response to National Risk Assessment, 19 October 2015
We welcome the National Risk Assessment of Money Laundering and Terrorist Financing published by the National Crime Agency.Operational Note - Blavo & Co, 14 October 2015
We have closed down Blavo & Co Solicitors Limited, the head office of which is based in John Street, London.Sole practitioner authorisation agreed, 05 October 2015
Changes to the way the Solicitors Regulation Authority authorises sole practitioners have been agreed to by the Legal Services Board.
We have launched a national ‘A question of trust’ campaign to give everyone a chance to have their say about action taken against those solicitors who fall short of the expected standards.New process saves time for all, 24 September 2015
We have made it easier and quicker for firms to apply for a change in status by cutting form filling by a third.SRA Compensation Fund pays out over £23 million, 09 September 2015
The SRA Compensation Fund paid out over £23,800 million in the year to 31 October 2014, latest figures reported to the SRA Board meeting today (Wednesday 9 September) reveal.Raft of changes to cut red tape and open up the profession, 09 September 2015
A raft of changes that will further cut red tape and provide new ways of becoming a solicitor has today (Wednesday 9 September) been approved by the SRA Board.Proposals for consumer credit regulation adopted by SRA Board, 09 September 2015
Solicitors should be able to carry out certain consumer credit activities under SRA authorisation as long as their activities are central to the legal services they provide, the SRA Board has agreed.Apprenticeship standards will benefit the legal profession, says the SRA, 03 September 2015
The Solicitors Regulation Authority (SRA) says the Apprenticeship Standards in law, confirmed as ready for delivery today by the Department of Business, Innovation and Skills (BIS), will drive up quality and improve access to the legal profession.
There is still time to comment on the Solicitors Regulation Authority's discussion paper dealing with client financial protection issues.Practising fees to remain the same, 14 August 2015
Practising fees will be unchanged for the coming practising year, the Legal Services Board (LSB) has agreed.Criminal legal aid – further advice, 04 August 2015
The Solicitors Regulation Authority has written to the London Criminal Courts Solicitors Association to clarify the professional standards it expects solicitors involved in action over criminal legal aid changes to uphold.
There's just a week left to have a say in the Solicitors Regulation Authority (SRA) consultation on proposals for the regulation of solicitors and consumer credit work.Criminal legal aid action: ensure your clients interests remain protected, says SRA, 27 July 2015
The Solicitors Regulation Authority (SRA) is advising solicitors planning action over criminal legal aid changes that required standards must continue to be met and their clients must remain protected.Make customer service a priority, especially for vulnerable people, says the SRA, 22 July 2015
The Solicitors Regulation Authority (SRA) is calling on solicitors and firms to raise the bar in customer service in order to help and to protect vulnerable people."A question of trust" survey opens, 21 July 2015
Ten thousand solicitors have this week been invited by the Solicitors Regulation Authority (SRA) to take part in a ground-breaking new survey on professional standards.A question of trust - SRA asks what really matters and what should happen when things go wrong, 15 July 2015
The Solicitors Regulation Authority (SRA) has today launched a campaign asking for views on the professional standards expected of solicitors.SRA says: historic first plc is a way forward, 15 July 2015
The creation of the first legal plc in England shows a new way forward in opening up the market through flexible regulatory practice, says the Solicitors Regulation Authority (SRA).Reporting Accountants' requirements relaxed, 15 July 2015
Changes to the format of accountants' reports for solicitors' practices - and the criteria for qualifying accounts and submitting them - should further improve their value and reduce the burden on firms, the Solicitors Regulation Authority has said.2015/16 Practising Fee charges set to remain the same, 15 July 2015
Practising fees will be unchanged for the coming practising year, the Solicitors Regulation Authority (SRA) has proposed.SRA debate on financial protections for when things go wrong, 09 July 2015
A Solicitors Regulation Authority (SRA) discussion paper launched this week looks at striking the right balance in providing financial protections for the public, and the cost for firms and individual solicitors.Legal professionals are becoming more innovative in running their businesses but more is needed, a new report indicates, 07 July 2015
Findings from the largest ever study of innovation in the legal sector, commissioned by the Solicitors Regulation Authority and the Legal Services Board, suggest that legal professionals, including solicitors and barristers, are becoming more innovative in the organisation and management of their business.
New proposals for the regulation of solicitors doing consumer credit work have been drawn up by the Solicitors Regulation Authority (SRA).SRA asks for views on its services, 24 June 2015
The public will be asked their views on the Solicitors Regulation Authority as part of a major perceptions survey starting this week.The SRA supports Pride in London, 22 June 2015
This weekend the Solicitors Regulation Authority (SRA) is supporting the London Pride festival.Levelling the playing field, 04 June 2015
The Solicitors Regulation Authority has cut bureaucracy that restricts the way traditional law firms operate, by removing restrictions on solicitors having links with outside businesses.Cybercrime issue is escalating, says SRA, 01 June 2015
Cybercrime issues affecting solicitor firms are increasing the Solicitors Regulation Authority (SRA) has revealed.
Law firms should ensure they have an exit strategy to close down their businesses in line with proper procedures, the Solicitors Regulation Authority (SRA) has advised after a series of related Solicitors Disciplinary Tribunal (SDT) hearings.SRA and IoW solicitors to discuss cybercrime, money laundering and reducing red tape, 19 May 2015
Cybercrime, spotting money launderers and reducing red tape for law firms are all part of the agenda for the Solicitors Regulation Authority (SRA) when its Board members visit the Isle of Wight tomorrow, Wednesday 20 May.SRA launches small firms team, 12 May 2015
The Solicitors Regulation Authority (SRA) has set up a specialist team dedicated to helping small firms needing advice and guidance on compliance issues.The SRA takes Pride in a diverse profession, 07 May 2015
For the first time, the Solicitors Regulation Authority (SRA) is supporting the Birmingham and London Pride festivals.
The Solicitors Regulation Authority (SRA) continues to call for extra vigilance across the sector after a small north east conveyancing firm became the latest victim of telephone bank scammers.Proposals continue SRA's regulatory reform, 16 April 2015
The Solicitors Regulation Authority (SRA) has launched a further raft of proposals to reduce the regulatory burden on law firms.SRA guidance on offering inducements updated, 14 April 2015
The Solicitors Regulation Authority (SRA) has updated its guidance on offering inducements in order to reflect the government ban on their use to attract clients in personal injury cases.Advice to new entities tendering for criminal legal aid: Apply for authorisation sooner rather than later, 14 April 2015
New entities bidding for criminal Legal Aid contracts, but which are not yet authorised to practise, need to make an application for authorisation as soon as possible now the tender has reopened, says the SRA.Version 13 of Handbook published, 01 April 2015
The Solicitors Regulation Authority's Competence Statement, which defines the standards required for a solicitor to practise, is among important changes made in Version 13 of the SRA Handbook published today.
Following close working between the Solicitors Regulation Authority (SRA), HM Treasury and the Financial Conduct Authority (FCA), HM Treasury has agreed to changes in consumer credit regulation which will further help to reduce regulatory burdens on firms.SRA Risk Outlook Spring Update published, 23 March 2015
Publication of the spring update to the Risk Outlook has been announced by Paul Philip, chief executive of the Solicitors Regulation Authority.SRA investigates two firms over closure, 19 March 2015
The Solicitors Regulation Authority (SRA) is investigating two solicitor firms that should have closed at the end of December last year because they did not have a valid insurance policy.Beware telephone scams, SRA warns, 18 March 2015
Don't be duped into disclosing bank security information, the SRA is warning following reports of more firms being targeted by telephone con artists.SRA set to end regulating insolvency practitioners, 12 March 2015
The Board of the Solicitors Regulation Authority (SRA) has decided the SRA will no longer regulate solicitors who act as insolvency practitioners. The decision was taken at the Board's meeting today (Wednesday 11 March), in view of the fact that insolvency work is not central to the work of a solicitor, and consumers would be better protected if solicitors were regulated by those organisations identified by the Insolvency Service.SRA Board approves Competence Statement, 12 March 2015
The Board of the Solicitors Regulation Authority (SRA) has approved its Competence Statement for solicitors, which defines the standards expected of solicitors at the point of qualification, and the steps they need to take to maintain standards.SRA and the Voluntary Code, 06 March 2015
The Solicitors Regulation Authority (SRA) has today confirmed that it will withdraw from the Voluntary Code to good practice in the recruitment of trainee solicitors from the end of March 2015.Keeping of the roll, 2013, 12 March 2013
The keeping of the roll exercise for 2013 is scheduled to commence in mid-late April for a two-month period: we will confirm the actual date in our communications with individuals and on our website.
The Solicitors Regulation Authority (SRA) and the Legal Services Board (LSB) are continuing research into how law firms, and others providing legal services, are changing the way they operate.Trainee numbers in 2014 - clarification, 18 February 2015
The Solicitors Regulation Authority (SRA) is aware that information about trainee solicitor numbers, published as a result of information provided by the SRA in response to a Freedom of Information Act request, has led to some confusion.New approach to CPD starts from April this year, 13 February 2015
Solicitors will be able to tailor their own continuing professional development (CPD) more closely to their own specific needs from 1 April this year.
We have issued guidance on ensuring client confidentiality is maintained.FCA agrees to consumer credit extension, 21 January 2015
The Financial Conduct Authority (FCA) has agreed to our request for another extension to the transitional arrangements for regulation of consumer credit activities. We asked for the extension to give us more time to plan the best way forward for regulating law firms that carry out consumer credit work. Our Board agreed to make the request at its meeting today to which the FCA has agreed. The transitional period, previously due to end on 1 April 2015, will now run until 31 October 2015.SRA announces a third new Board member, 19 January 2015
The SRA has today announced the appointment of David Heath, MP, to its Board.SRA warns about client account usage, 15 January 2015
We have published a warning notice reminding solicitors why a client account should not be mis-used for clients or others. The notice explains why use is prohibited, what represents mis-use of the client account, and what action might be taken against those breaching the Code of Conduct.Six new members appointed to the SRA Equality, Diversity and Inclusion Committee, 14 January 2015
Six new members have been appointed to the SRA Equality, Diversity and Inclusion Committee. The new members are Caroline Armitage, a corporate and commercial lawyer who is also Chair of the Trustee Board of the UK disability charity Livability; Jemima Coleman an employment lawyer at the international law firm Herbert Smith Freehills LLP; Uday Dholakia a UK entrepreneur and champion of small business, better regulation and international trade; Mike Franklin a former Commissioner with the Independent Police Complaints Commission; Ruth Grant a partner with Hogan Lovells International LLP and former London Managing Partner; and Sophie Khan, solicitor-director of Sophie Khan & Co Solicitors and Higher Court Advocates, a niche firm specialising in civil liberties and human rights law.Al-Sweady Inquiry, 12 January 2015
We have noted with concern the findings of the Al-Sweady Inquiry and the issues raised in the Ministerial Statement by Michael Fallon, the Secretary of State for Defence on 17 December 2014, which raised concerns about two law firms involved in litigation or the inquiry.Two new appointments to the SRA Board, 09 January 2015
Two new appointments to the SRA Board have been announced today. Elaine Williams, former Deputy Group Company Secretary at HSBC and David Willis former joint Chief Executive of international legal firm Herbert Smith Freehills, are joining the Board as non-executive directors. SRA Chair, Enid Rowlands, said: "I am delighted to welcome two new members to our Board. Their range of knowledge and experience will make a strong contribution to the work of the Board, as we oversee the delivery of our corporate strategy and business plan."SRA enhances approach to consultation, 07 January 2015
We are improving the way we engage with those affected by our work by adopting a flexible and tailored approach to how we consult on, for example, proposals for new ways of working, policy changes and amendments to the Handbook. Our Board decided in December that a considered approach to each consultation was needed, and that we should publish a statement on our approach. We are committed to undertaking more engagement with stakeholders before any formal consultation.