Firms under scrutiny over measures to prevent money laundering (LSG)
Regulators have been forced to make repeat visits to some firms over concerns about the potential for money laundering, it has emerged.
Trouble ahead for conveyancers? (TC)
The current state of the UK housing market, leaves conveyancers with an uphill battle.
Law firm faces £5.1m breach of contract claim (LF)
London commercial property law firm Maples Teesdale is facing a claim for up to £5.1m for repudiatory breach of contract after losing a bid in the High Court to have […]
‘Compelling case’ for reforming regulation – LSB (LSG)
A report from the profession’s umbrella watchdog has warned that maintaining the current regulatory framework will inhibit reform and fail to create an environment for economic growth.
The SRA’s third annual COLP and COFA conference
This year our COLPs and COFAs conference, will be all about what “Making it easier to do business ” means to you in terms of your role.
End of shambolic Green Deal could put landlords in difficulty (PIE)
Taxpayer funding to the Green Deal Finance Company has ended the Green Deal itself, meaning likely redundancies and closures of some firms.
Money laundering: agents warned by National Crime Agency (EAT)
Estate agents have been warned by the National Crime Agency that they must not hesitate to inform the authorities if they have any suspicion that a buyer is seeking to […]
CHAPS settlement day extension (LSG)
The Bank of England has announced it is extending the Clearing House Automated Payment System (CHAPS) settlement day to align more closely with the typical business day.
CHAPS working hours to be extended next year (EAT)
CHAPS has confirmed that its operational hours will be extended from summer 2016, enabling high-value payments to be made until 6pm.
LMS extends partnership with The Chorley Building Society (TC)
LMS has extended its relationship with The Chorley Building Society by providing its General Panel Management service to the Society. This will allow The Chorley to offer its members and […]
LSB approves relaxation of separate business rule (LF)
The Legal Services Board has approved radical reforms of the separate business rule for solicitors, while noting that the changes “carry some risks to consumers”.
Law Society to target big business in new “solicitor brand” campaign (LF)
The Law Society’s membership board has approved plans for a long-term campaign to boost the ‘solicitor brand’, which will include bigger businesses and in-house lawyers as buyers of legal services.