Gain critical insights into safeguarding your practice with expert guidance on preventing money laundering, countering terrorism financing, and curbing proliferation funding. Equip yourself with the latest compliance strategies, ensuring your firm adheres to stringent regulatory demands. Navigate the challenges of due diligence, risk assessment, and reporting requirements with confidence.
The Financial Conduct Authority (FCA) has published a speech by its executive director of enforcement and market oversight, Steve Smart, in which he...
This week's edition of Practice Compliance weekly highlights includes updated OFSI guidance on crediting interest on frozen assets and travel expenses...
The Information Commissioner's Office (ICO) has confirmed that it will transition to the Information Commission on 30 September 2026, following...
The Home Office and HM Treasury have published the UK’s anti-money laundering and asset recovery strategy 2026–29. The strategy aims to strengthen the...
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...
When solicitors administer an estate is it a requirement that, as well as carrying out AML searches on executors, they should also carry out AML searches on the deceased and beneficiaries? If not, is it best practice to do so?You must apply client due diligence (CDD) measures when you:•establish 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 point
Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid
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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