SRA Update

Welcome to the first issue this year of SRA Update. One of our main focuses for 2019 is introducing our new Standards and Regulations. Our Board meets this week to discuss our approach to implementation, including the date when it will come into effect.

We will keep you updated on the outcome and give you all sufficient time to prepare for the changes and the opportunities it brings. Beyond our new Standards and Regulations, money laundering continues to be a big risk for the profession, while the potential inappropriate use of NDAs to cover up misconduct continues to create headlines.

These topics are featured in this issue, as is information on third-party-managed accounts and our new Enforcement Strategy.