Navigate complexities of financial operations with our expert insights into regulations and best practices. Enhance your proficiency in accounts management and financial compliance to ensure accuracy, transparency, and reliability. Access essential tools to maintain alignment with legal standards, safeguard financial integrity, and optimise practice performance.
Corporate Crime analysis: The Crime and Policing Act 2026 (CPA 2026) has recently received Royal Assent and ushers in a significant recalibration of...
The Office of Financial Sanctions Implementation (OFSI) has updated General Licence INT/2024/4761108 to: (1) add a new definition of ‘cryptoasset’,...
This week's edition of Practice Compliance weekly highlights includes new Russia sanctions regulations, alongside fresh DBT general trade licences for...
The Department for Business and Trade (DBT) has issued two general trade licences permitting certain activities otherwise prohibited under the Russia...
What is a solicitor's undertaking?An undertaking is a commitment by a solicitor to do something. It can be enforced against the solicitor by the...
In what circumstances might a solicitor be able to contact another lawyer's client directly?The current SRA Standards and Regulations (STaR) are...
SRA Code of Conduct for individuals and firmsThis Practice Note provides guidance on the SRA Codes of Conduct, contained in the SRA Standards and...
Acting for yourself, friends and familyThis Practice Note covers considerations where a law firm wishes to act for one of its own partners or...
Am I allowed to transfer my seller client’s sale proceeds from a client account to a third party firm of solicitors directly in relation to a matter in which I am not acting eg an unrelated property purchase?You must not provide banking facilities through a client account. Payments into, and
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 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
Strike out—making an application to strike out a statement of caseA strike out order can be made either following an application by the parties or on the court's own initiative. This Practice Note deals with the scenario of the order being made following a party's application.Making an application
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