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Precedents
1DefinitionsModern Slavery Policy•means the Customer's anti-slavery and human trafficking policy as set out in Schedule [insert] as updated by the...
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9th Nov
Practice notes
Source of funds and wealth was a key focus of the SRA’s Preventing Money Laundering and Financing of Terrorism thematic review, published in March...
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9th Nov
Practice notes
This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...
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9th Nov
Precedents
DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...
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9th Nov
Precedents
How to use this testThese questions are designed to test your understanding after your attendance at our training on avoiding bribery and...
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9th Nov
Practice notes
The compliance officer for legal practice (COLP) sits at the heart of the firm's regulatory arrangements. This does not mean that the firm and its...
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9th Nov

Most recent Accounts & Finance content

Practice notes
Under section 3 of the Small Business, Enterprise and Employment Act 2015 (SBEEA 2015), certain large companies and limited liability partnerships...
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11th Mar
Practice notes
This Practice Note provides guidance on managing financial risk. It reflects the SRA Standards and Regulations 2019 and additional financial...
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Produced in partnership with DG Legal 26th Feb
Practice notes
This practice note covers the regulatory requirements that must be observed to minimise any events that could affect your firm’s financial stability....
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Produced in partnership with DG Legal 26th Feb
Q&As
An agreed fee as defined in the SRA Accounts Rules under rule 17.5 is:‘A payment for an agreed fee must be paid into an office account. An "agreed...
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Produced in partnership with Sarah Charlton of ILFM 15th Feb
Precedents
1This document sets out our [accounting OR finance] systems and controls. Any person working in the firm’s [Accounts OR Finance] department must...
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14th Feb
Precedents
1Introduction1.1This document sets out our policy for dealing with breaches of regulatory requirements that apply to our firm. Some of these...
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14th Feb
Precedents
This form should be completed by the person responsible for deciding how to deal with the residual balance in question.1Client and matterName of...
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14th Feb
Precedents
1This document sets out our [accounting OR finance] systems and controls for fee earners and support staff.2Basic principles2.1We have an overriding...
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14th Feb
Precedents
1Introduction1.1This document sets out our policy for receiving and transferring costs.1.2What we do with the funds we receive will depend on the...
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14th Feb
Precedents
1Introduction1.1This document sets out our policy for paying interest where we hold money in client account for a:1.1.1client1.1.2person funding all...
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14th Feb
Precedents
1A: Background informationName of person completing this record[Insert name]Compliance breach reference number[To be completed by person conducting...
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14th Feb
Practice notes
This Practice Note sets out the requirements of the SRA Accounts Rules 2019, in force from 25 November 2019, regarding residual balances. It also...
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15th Jan
Practice notes
The SRA AR 2011 allow firms to use a temporary client ledger card (referred to as a suspense ledger account) to post unknown receipts while further...
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Produced in partnership with Institute of Legal Finance and Management 15th Jan
Practice notes
This Practice Note sets out the requirements of the SRA Accounts Rules 2019 (the 2019 Rules), in force from 25 November 2019, together with supporting...
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15th Jan
Practice notes
This Practice Note sets basic accounts procedures firms are expected to implement and is drawn from:•the SRA Accounts Rules 2011 (SRA AR 2011)•SRA...
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15th Jan
Practice notes
The SRA AR 2011 require specific authority for a withdrawal from client account by an appropriate person. This practice note aims to help you consider...
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Produced in partnership with Institute of Legal Finance and Management 15th Jan
Practice notes
This Practice Note sets out the requirements of the SRA Accounts Rules 2019, in force from 25 November 2019, regarding use of suspense ledgers. It...
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15th Jan
Practice notes
This Practice Note explains the requirements of the SRA Accounts Rules 2011 for dealing with residual balances on client account. For guidance on the...
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15th Jan
Practice notes
This Practice Note looks at some of the more common problem areas in the detailed application of the SRA Accounts Rules 2011 (SRA AR 2011) which can...
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Produced in partnership with Taylor Mowbray LLP 8th Jan

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