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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Brexit—exiting the EU under Article 50 [Archived]ARCHIVED: This Practice Note has been archived and is not maintained.This Practice Note contains...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
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
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
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
How do we conduct AML checks for an insolvency practitioner?STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published on 20...
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15th Aug
Q&As
Can I accept payment of an outstanding bill by instalments: before or after 1 April 2016?This Q&A answers a specific question: does an agreement to...
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15th Aug
Q&As
Am I allowed to pay or receive a commission under anti-bribery legislation?Please note, this Q&A only considers UK bribery legislation.Payment of...
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15th Aug
Q&As
What do I have to do on complaints to comply with the Consumer ADR Regulations 2015?Brexit: The ODR platform will still be accessible to UK consumers...
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15th Aug
Q&As
Do I have to update client due diligence (CDD) documentation when it expires, eg a copy passport, for AML purposes?STOP PRESS: Draft Legal Sector...
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15th Aug
Q&As
Can I amend the model cancellation form?The Consumer Contracts (Information, Cancellation and Additional Charges) Regulations 2013 apply if you enter...
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15th Aug
Q&As
Do I have to establish the source of funds for every transaction?STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published on 20...
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15th Aug
Q&As
What is the absolute time limit for responding to a subject access request under DPA 1998 [Archived]This Q&A has been archived and is not maintained....
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15th Aug
Q&As
Do we need FCA authorisation to provide independent legal advice to a client in relation only to a consumer credit, litigation funding agreement...
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15th Aug
Q&As
How can we be sure we can accept instructions from a country where we suspect sanctions apply (to the country itself), if our online sanctions...
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15th Aug
Q&As
Does the prohibition on unsolicited telephone calls advertising claims management services (Privacy and Electronic Communications (EC) Directive...
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15th Aug
Q&As
Why does the Precedent: CDD matter risk assessment form—law firms include low risk factors that appear to relate to financial services?Section 5.1 of...
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15th Aug
Q&As
Is it considered as tipping off if a law firm tells its client that it has informed Companies House about a discrepancy in beneficial ownership...
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Produced in partnership with Peter Steel of Augury Consulting Limited 15th Aug
Q&As
What is third-country risk in relation to AML and how do I assess it?STOP PRESS: Draft Legal Sector Affinity Group (LSAG) AML guidance was published...
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15th Aug
Q&As
Do I need to do anything about the client notification requirements in the International Tax Compliance (Client Notification) Regulations 2016?The...
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15th Aug
Q&As
What does Brexit mean for financial sanctions?The UK has left the EU on the basis of the Withdrawal Agreement as implemented in the European Union...
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15th Aug
Q&As
Who can certify identification documents (passports, driving license, utility bills, etc) and what is the precise wording that ought to be...
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15th Aug

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