Home / Practice Compliance / Q&As / Q&As

Legal News

Question of the week: Which breaches of the SRA Standards and Regulations are subject to fixed penalty fines?

Copyright © 2025 LexisNexis
Published on: 26 March 2024
Published by a LexisNexis Practice Compliance expert

Table of contents

  • SRA Transparency Rules
  • SRA Authorisation of Firms Rules
  • SRA Financial Services (Scope) Rules
  • SRA Code of Conduct for Firms
  • Consequences of breach
  • Further reading

Article summary

This Q&A explains which provisions of the SRA Standards and Regulations or StaRs are subject to a fixed financial penalty if they have been breached. It sets out what the provisions cover and the consequences of breach of one of the specified requirements.

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

4 News
View More
8 Q&As
View More
Powered by Lexis+®

Related documents:

4 News
View More
8 Q&As
View More

Popular documents

Priority between loss reliefs in loss making companies

Priority between loss reliefs in loss making companiesWhy does it matter?A company that is a member of a group and has incurred any of the types of losses available for surrender by way of group relief may, without any further rules, have more than one way in which to use the loss. There are a

If a rentcharge is shown as being informally exonerated on title information, does this apply to the

If a rentcharge is shown as being informally exonerated on title information, does this apply to the current registered owner? Or does the informal exoneration only apply to the parties to the document which informally exonerated the rentcharge?This Q&A considers the situation where, at some

Contributory negligence in personal injury claims

Contributory negligence in personal injury claimsContributory negligence is a partial defence which can lead to a discount in damages.Other defences may also be relevant. See Practice Notes: Did the claimant consent to the risk of injury? and Was the claimant involved in an illegal activity?If a

Can shares in a limited company that have not been paid-up at all be cancelled?

Can shares in a limited company that have not been paid-up at all be cancelled?A limited company having a share capital may not alter that share capital, except in the ways listed in section 617 of the Companies Act 2006 (CA 2006). Shares in a company cannot simply be cancelled without following an