In November 2022 the SRA issued formal guidance on effective supervision to help those they regulate with supervisory responsibilities (solicitors and firms) understand their obligations and how to comply with them.  Services provided by individuals who are not regulated by the SRA are also included. The SRA have indicated that they will have regard to [...]

By |2023-12-03T21:00:03+00:00August 6th, 2023|Regulatory, Risk Management, Solicitors' Regulatory Authority|Comments Off on Supervision


What is an undertaking? The SRA glossary defines an undertaking as: “a statement, given orally or in writing, whether or not it includes the word “undertake” or “undertaking”, to someone who reasonably places reliance on it, that you or a third party will do something or cause something to be done, or refrain from doing [...]

By |2022-12-04T18:42:50+00:00October 1st, 2022|Regulatory, Risk Management, Solicitors' Regulatory Authority|Comments Off on Undertakings

Register of Overseas Entities

As part of the Government's desire to improve transparency and stop foreign criminals using UK property to launder money, anonymous foreign owners of UK properties are now required to reveal their identities.  The Register of Overseas Entities (ROE) (as implemented by The Economic Crime (Transparency and Enforcement) Act 2022 (the ECTEA) came into force on [...]

By |2022-08-07T10:48:04+01:00August 2nd, 2022|Anti-Money Laundering, Financial and Economic Crime, International, News, Risk Management|Comments Off on Register of Overseas Entities
Go to Top