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Practice notes
AML and counter-terrorist financing—source of funds and source of wealthSource of funds and wealth was a key focus of the SRA’s Preventing Money...
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19th May
Practice notes
IP COMPLETION DAY: 11pm (GMT) on 31 December 2020 marks the end of the Brexit transition/implementation period entered into following the UK’s...
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19th May
Practice notes
Compliance officer for legal practice—COLP—title and duties 2011 [Archived]The compliance officer for legal practice (COLP) sits at the heart of the...
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19th May
Practice notes
Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...
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Produced in partnership with Adam Cygan of University of Leicester 19th May
Practice notes
SRA Accounts Rules 2019This Practice Note sets out the requirements of the SRA Accounts Rules 2019 (the 2019 Rules), in force from 25 November 2019,...
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19th May
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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19th May
Practice notes
High-risk third countries trackerOrganisations caught by the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer)...
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19th May
Practice notes
Active bribery, passive bribery and bribing foreign public officialsThe purpose of this Practice Note is to provide a general understanding of the...
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Produced in partnership with Joanne Kane of Carmelite Chambers 19th May
Precedents
In briefThis precedent links to: •a template created by the UK Information Commissioner’s Office (ICO) of the ‘Set II’ or ‘2004’ EU Standard...
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19th May
Practice notes
Introduction to retained EU lawThis Practice Note provides an introduction to retained EU law. It provides an overview of the key definitions and...
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Produced in partnership with Dr. Kieran Laird of Gowling WLG 19th May
Practice notes
Safeguards and information barriersProtection of confidential information is fundamental to your relationship with clients, both as a matter of law...
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19th May
Practice notes
Undertakings and the SRA 2019What is an undertaking?An undertaking is:•a statement, given orally or in writing, whether or not it includes the word...
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19th May
Practice notes
Duties of confidentiality and disclosure 2019The protection of confidential information is a fundamental feature of the solicitor-client relationship...
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19th May
Practice notes
SRA Handbook 2011 [Archived]The SRA Handbook 2011 sets out standards and requirements that individual lawyers and firms are expected to achieve and...
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19th May
Precedents
1IntroductionThis financial sanctions policy is designed to ensure we comply with applicable financial sanctions laws made under the UK sanctions...
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19th May
Practice notes
Working with European lawyers—the Registered European Lawyer (REL) regimeAt 11 pm (GMT) on 31 December 2020, the Brexit transition/implementation...
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19th May

Most recent Q&As content

Q&As
Who is a 'data subject' for the purposes of the Data Protection Act 1998?In the context of data protection, the term 'data subject' is used...
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25th Jul
Q&As
Despite not being in effect until 25 May 2018, can you address the GDPR in contractual agreements now?ImplementationThe General Data Protection...
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25th Jul
Q&As
Who is a 'data controller' for the purposes of the Data Protection Act 1998?For the purposes of the Data Protection Act 1998 (DPA 1998), a 'data...
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25th Jul
Q&As
What is sensitive personal data for the purposes of the Data Protection Act 1998?Personal dataUnder section 1 of the Data Protection Act 1998 (DPA...
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25th Jul
Q&As
Does every digital platform that is ‘significantly different from its neighbour’ need a separate accessibility statement?All websites/digital...
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25th Jul
Q&As
What is a relevant filing system for the purposes of the Data Protection Act 1998?Under the Data Protection Act 1998 (DPA 1998), a relevant filing...
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Produced in partnership with Ashley Roughton of Ipchambers.eu 25th Jul
Q&As
Do I have to make a suspicious activity report where I have stopped acting or declined to act for a client due to the presence of an AML risk...
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13th Jul
Q&As
What CDD challenges are presented by coronavirus (COVID-19)?STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published on 20...
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13th Jul
Q&As
Is it possible to ask clients at the outset of a matter whether they are happy for any small, residual balance (say up to £10) to be donated to...
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Produced in partnership with Sarah Charlton of ILFM 6th Jul
Q&As
Is there a specific form to apply for someone to become the firm's nominated officer?This Q&A reflects draft Legal Sector Affinity Group (LSAG) AML...
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30th Jun
Q&As
Do I have to make a suspicious activity report where I have been unable to apply CDD measures?This Q&A reflects draft Legal Sector Affinity Group...
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29th Jun
Q&As
Can I still practice EU law if the UK is no longer in the EU?Only lawyers qualified in an EU Member State are able to practise EU law or argue before...
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28th Jun
Q&As
What is the definition of a 'transaction' in the Money Laundering Regulations 2017, SI 2017/692, specifically in relation to the obligation to carry...
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23rd Jun
Q&As
What is the legal basis for HM Treasury Office of Financial Sanctions Implementation (OFSI) annual frozen assets review, and are OFSI requests for...
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16th Jun
Q&As
We are considering working with a non-lawyer, on a self-employed/part time consultancy basis to help promote the firm, eg to chair conferences and...
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Produced in partnership with David Smith of Anthony Gold Solicitors 15th Jun
Q&As
Where can I find the sanctions lists?The Office of Financial Sanctions Implementation (OFSI) maintains two lists of those subject to financial...
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9th Jun
Q&As
For a firm which is a limited liability partnership to be able to sue on a bill, should the partner signing the bill sign the name of the firm, ie...
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Produced in partnership with Sarah Charlton of ILFM 7th Jun
Q&As
Can we rely on the new Privacy Shield?What is Privacy shield?On 29 February 2016, the European Commission announced draft details of the EU–US Privacy...
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6th Jun

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