Looking to the future: Phase 2 of the SRA’s Handbook reforms [Archived]

The following Practice Compliance practice note provides comprehensive and up to date legal information covering:

  • Looking to the future: Phase 2 of the SRA’s Handbook reforms [Archived]
  • Key proposals—firm authorisation
  • The requirement to have a practising address in England or Wales
  • Forming and managing authorised bodies
  • Manager approval
  • Removing the ‘qualified to supervise’ rule
  • Immigration, claims management and financial services
  • Key proposals—individual authorisation
  • Self-employed solicitors
  • Character and suitability
  • More...

Looking to the future: Phase 2 of the SRA’s Handbook reforms [Archived]

At the end of September 2017, the SRA launched a further consultation as part of its ‘Looking to the Future’ reforms of the SRA Handbook. The consultation, Looking to the future: phase 2 of our Handbook reforms covered:

  1. implementation of policy decisions arising from phase 1 of its Handbook reform programme including:

    1. firm authorisation

    2. individual authorisation

    3. specialist rules

  2. the SRA’s proposed new enforcement strategy

  3. transitional arrangements for the introduction of the Solicitors Qualifying Examination (SQE)

The consultation also included two tables setting out where sections of the existing Handbook are moving to and an outline of the proposed contents of the new Handbook.

This consultation did not cover:

  1. professional indemnity insurance and compensation fund arrangements—these are the subject of separate consultation as part of the SRA’s wider review of financial protection arrangements

  2. the SRA’s proposals on transparency and information requirements for firms—these are the subject of a separate consultation also published in September 2017. See further News Analysis: What’s in the SRAs ‘Looking to the future: better information, more choice’ consultation?

Further information about phase 1 of the SRA’s Handbook reform programme can be found in Practice Notes:

  1. Looking to the future: SRA proposals for reform of the Handbook [Archived]

  2. Looking to the future: SRA review of the Principles and Code of Conduct [Archived]

  3. Looking to

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