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...
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...
This Practice Note explains the requirements of the SRA Accounts Rules 2011 for dealing with residual balances on client account. For guidance on the...
This practice note covers the regulatory requirements that must be observed to minimise any events that could affect your firm’s financial stability....
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...
Most firms at any given time have some old, usually small, residual balances on client matters. In the normal course of events, dealing with residual...
Client moneyThe funds are client money, as they were received in relation to regulated services delivered by you to a client, and thus should be held...
Rule 21.1 of the Solicitors Regulation Authority Accounts Rules 2011 (SRA AR 2011) does permit an authority for withdrawals from client account to be...
Guidance is provided under Rule 14 as detailed below which helps to clarify what the firm’s obligations are under the Solicitors Regulation Authority...
This Practice Note sets out the requirements of the SRA Accounts Rules 2019, in force from 25 November 2019, regarding client account withdrawals. It...