Financial services

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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
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
This Practice Note lists high-risk third countries identified by the Financial Action Task Force (FATF), HM Treasury and the European Commission as...
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9th Nov
Practice notes
The purpose of this Practice Note is to provide a general understanding of the offences under section 1, 2 and 6 of the Bribery Act 2010 (BA 2010). It...
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Produced in partnership with Joanne Kane of Carmelite Chambers 12th Jan
Practice notes
An undertaking is a commitment by a solicitor to do something. It can be enforced against the solicitor by the courts. Failure to comply with an...
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9th Nov
Practice notes
Facilitating the performance of a duty by public officialsFacilitation payments, also known as facilitating or grease payments, are generally small...
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Produced in partnership with Richard Furlong of Carmelite Chambers 12th Jan

Most recent Financial services content

Precedents
We have reached a stage in your matter where we believe it would be in your best interests to buy [insert type of insurance] from [state name of third...
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14th Feb
Precedents
[Insert type, eg Title indemnity] insurance[Explain what sort of insurance contract you are recommending, eg ‘We have recommended that you purchase...
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14th Feb
Precedents
We have reached a stage in your matter where we believe it would be in your best interests to buy [insert type of insurance]. We have suggested you...
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21st Jan
Precedents
Click for the Precedent Insurance analysis spreadsheet. This Precedent Insurance analysis spreadsheet is intended for law firms and is presented in...
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18th Jan
Precedents
1Client’s demands and needsWhat risk does the client need to insure and why?[Describe the risk the client needs to insure and why]What checks have you...
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18th Jan
Q&As
The Insurance Distribution Directive (IDD), Directive 2016/97/EU defines insurance distribution as:‘the activities of advising on, proposing, or...
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26th Dec
Q&As
The requirements of the Solicitors Regulation Authority’s (SRA’s) insurance distribution regime have very limited application in relation to insurance...
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7th Dec
Q&As
There are two ways law firms might be caught by the consumer credit regime:•by entering into a fee arrangement with a client that constitutes a...
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7th Dec
Q&As
In certain parts of the market, eg family law, it is becoming increasingly common for clients to finance their legal costs by way of a loan from a...
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7th Dec

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