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SRA Board makes changes to ease the burden

The Board of the Solicitors Regulation Authority (SRA) has approved a series of changes to its regulatory requirements to make them more proportionate and targeted and so reduce the cost

Rob Hailstone July 3, 2014

Regulator approves PII reform (LSG)

The Solicitors Regulation Authority’s board today voted to cut to £500,000 the minimum level of professional indemnity insurance cover required from practitioners.

Rob Hailstone July 3, 2014

Clash between lenders and conveyancers over PI (PIE)

Lenders have hit out at proposals to reduce the requirements for conveyancers to hold professional indemnity insurance.

Rob Hailstone July 2, 2014

Accolade for Countrywide boss who turned company around (PIE)

Grenville Turner, outgoing chief executive of Countrywide, has won a business turnaround award for his achievements in pulling Britain’s biggest estate agent out of the ashes.

Rob Hailstone July 2, 2014

Figures confirm ‘good value’ British agents (EAT)

Research into fees suggests that British agents are amongst the best value anywhere in the world.

Rob Hailstone July 2, 2014

Bogus law firms and money laundering rise up SRA’s risk register for law firms (LF)

Bogus law firms and money laundering have become two of the biggest current risks to law firms, the Solicitors Regulation Authority (SRA) said yesterday, in publishing its 2014 risk outlook.

Rob Hailstone July 2, 2014

Allen & Overy posts ‘highest ever’ revenue and profit (LSG)

Allen & Overy has today reported record income and profits, taking advantage of ‘more stable’ global markets and returns from a ’strategy of counter-cyclical investment through the financial crisis’.

Rob Hailstone July 2, 2014

City where local searches are taking six weeks (PIE)

Searches by Exeter City Council were taking five working days until a month ago, but are now taking far longer.

Rob Hailstone July 1, 2014

Ministers ‘shelve Land Registry sell-off’ (LSG)

Ministers have cancelled plans to turn the bulk of Land Registry into a stand-alone company in the run-up to privatisation, according to newspaper reports at the weekend.

Rob Hailstone July 1, 2014

SRA braced for another big intervention (LSG)

The Solicitors Regulation Authority has warned it may be ‘only a matter of time’ before another large and costly firm intervention is necessary.

Rob Hailstone July 1, 2014

Peers back bill to make pre-nups binding (LSG)

Peers have given their backing to a law making it easier for divorcing couples to resolve financial issues and make pre-nuptial agreements binding. 

Rob Hailstone July 1, 2014

Vince Cable scraps £1.2 billion Land Registry sell-off (TM)

Controversial plans to privatise the Land Registry have been scrapped by the Government after a revolt by civil servants.

Rob Hailstone June 30, 2014