Stay ahead in the financial regulatory landscape with expert guidance tailored for legal compliance. Our comprehensive resources equip practitioners with the knowledge to ensure robust compliance measures, mitigate risks, and uphold industry standards. Enhance your practice with insights on statutory requirements, enforcement actions, and best practices within the financial services sector.
This week's edition of Practice Compliance weekly highlights includes the Court of Appeal ruling in Mazur, which clarifies that unauthorised persons...
The Information Commissioner’s Office (ICO) has launched a consultation on updated guidance on automated decision-making (ADM), including profiling....
HM Treasury and the Office of Financial Sanctions Implementation (OFSI) has amended General Licence INT/2022/2300292 to permit all forms of utility...
The Office of Financial Sanctions Implementation (OFSI) has published a report detailing the imposition of a £390,000 penalty on Apple Distribution...
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...
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
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
If a beneficiary signs a deed of disclaimer of their share of an estate and the estate pays their legal fees, will that count as a PET against their estate?A disclaimer is the refusal of a gift prior to acceptance. The refusal of the gift must take place before the beneficiary accepts any benefit
Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin
0330 161 1234