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Time for a new charter on ethics lawgazette.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawgazette.co.uk Daily Mail and Mail on Sunday newspapers.
Jonathan Goldsmith The anti-money laundering guidance issued in March 2018 by the Legal Sector Affinity Group (LSAG) – made up of the legal sector’s regulatory and representative bodies including the Law Society – ran to 156 pages. When the guidance was reissued earlier this year, it ran to 212 pages, a 35% increase. Over the same period, the Solicitors Regulation Authority – which is also a member of the LSAG – replaced its former longer handbook with its shorter Standards and Regulations, on the grounds that written guidance for solicitors needs to be shorter and less prescriptive. The French bar’s solution is likely to be encouraged internationally in the future. lawyers are not allowed to hold clients’ money, but must pay it in to the bar’s account ....
A housing market that ground to a complete halt last year is suddenly white hot, as pent-up demand meets a controversial tax holiday. Conveyancers are working flat out to cope, but a process that dates back to the 19th century remains in need of urgent reform. ....
lawsociety.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lawsociety.org.uk Daily Mail and Mail on Sunday newspapers.