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Latest Practice Compliance News

Question of the week: what is the difference between a ‘commonly used electronic format’ and a ‘structured, commonly used, machine readable and interoperable’ format when responding to data subject rights?

Question of the week: what is the difference between a ‘commonly used electronic format’ and a ‘structured, commonly used, machine readable and interoperable’ format when responding to data subject rights?

Question of the week: what is the difference between a ‘commonly used electronic format’ and a ‘structured, commonly used, machine readable and interoperable’ format when responding to data subject rights?

60 UK law firms shut in 2020 by rising insurance costs

60 UK law firms shut in 2020 by rising insurance costs

The following Insurance & Reinsurance news provides comprehensive and up to date legal information on 60 UK law firms shut in 2020 by rising insurance costs

Practice Compliance weekly highlights—6 May 2021

Practice Compliance weekly highlights—6 May 2021

The following Practice Compliance news provides comprehensive and up to date legal information on Practice Compliance weekly highlights—6 May 2021

UK joins US in implementing a global anti-corruption sanctions regime

UK joins US in implementing a global anti-corruption sanctions regime

The following Banking & Finance news provides comprehensive and up to date legal information on UK joins US in implementing a global anti-corruption sanctions regime

Featured Practice Compliance content

Compliance officer for legal practice—COLP—title and duties 2011 [Archived]

Compliance officer for legal practice—COLP—title and duties 2011 [Archived]

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...

Anti-bribery and corruption for law firms—post-training assessment questions

Anti-bribery and corruption for law firms—post-training assessment questions

How to use this testThese questions are designed to test your understanding after your attendance at our training on avoiding bribery and...

Standard contractual clauses—set II—controller to controller (Model Clauses)

Standard contractual clauses—set II—controller to controller (Model Clauses)

DRAFTING FOR BREXIT: For the latest information on the impact of Brexit on the drafting, negotiation and enforceability of this Precedent, see...

Introduction to retained EU law

Introduction to retained EU law

This Practice Note provides an introduction to retained EU law, which is an entirely new legal concept introduced to UK domestic law in preparation...

Practice notes

AML and counter-terrorist financing—source of funds

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
tag iconIn-house
Precedents

Modern slavery: contract clauses

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
tag iconIn-house
Practice notes

High-risk third countries tracker

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
tag iconIn-house
Practice notes

Active bribery, passive bribery and bribing foreign public officials

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

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 courts. Failure to comply with an...
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9th Nov
Practice notes

Facilitation payments under the Bribery Act 2010

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

Letter to client-arranging ATE insurance—insurance mediation—law firms [Archived]

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

Insurance mediation wording including demands and needs statement—law firms [Archived]

[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

Letter recommending insurance—demands and needs—law firms

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

Insurance analysis spreadsheet—law firms

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

File note—insurance demands and needs—law firms

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

What sort of activities are caught by the insurance distribution regime—law firms?

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

Does the insurance distribution regime apply to commercial clients—law firms?

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

Do I need a consumer credit licence for...?

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

Do I need a consumer credit licence to help a client apply to a third party for litigation finance under a loan agreement?

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

Popular documents

Rescission of a contract

Rescission of a contract

What is rescission of a contract?The remedy of rescission is available to a party whose consent, in entering into a contract, has been invalidated in some way:•the effect of rescinding a contract is to extinguish it and restore the parties to their pre-contractual positions•the main grounds of

Drafting the particulars of claim and reply

Drafting the particulars of claim and reply

This Practice Note provides guidance on the interpretation and application of the relevant provisions of the CPR. Depending on the court in which your matter is proceeding, you may also need to be mindful of additional provisions—see further below.You should also consider if the proceedings will be

Ad hoc arbitration—an introduction to the key features of ad hoc arbitration

Ad hoc arbitration—an introduction to the key features of ad hoc arbitration

An ad hoc arbitration is any arbitration in which the parties have not selected an institution to administer the arbitration. This offers parties flexibility as to the conduct of the arbitration, but less external support for the process. It can be quicker than institutional arbitration but not if

Forum non conveniens—scope and application

Forum non conveniens—scope and application

This Practice Note considers the doctrine of forum non conveniens, also referred to as the appropriate forum or the proper place for a dispute to be determined. This doctrine is of relevance when determining whether the courts of England and Wales have jurisdiction to hear a dispute and is applied