We are honoured to have been invited to attend an AML Roundtable meeting called by the SRA where they intend to discuss their findings from the first 74 firm AML audits that they have carried out (Sept 2019 to Oct 2020). They learned that there were a number of consultants assisting firms to be compliant. […]
We have spotted the following release. The changes largely seem to to reflect the change in practice brought about by the pandemic: allowing for electronic signature, removing the need for certain things to be read aloud in open court and specifically extending the end of some Covid measures from the end of March to the […]
The importance of Adequacy The EU Commission on 19th February 2021 published a draft adequacy decision in favour of the United Kingdom. This is good news and whilst not a final decision is bodes well for UK businesses who trade in the EU. Following the UK’s exit from the European Union and the end of […]
Practice Direction Update 127 publicised by the MOJ on 11th Feb and coming into force on 6th April 2021. There are changes to: the Overriding Objective (emphasising that dealing with a case 'justly' includes facilitating vulnerable people to be able to give their best evidence and making the costs of doing so recoverable); service of […]
This has been missed by many solicitors. As part of our service to our clients taking our Office Procedures Manual Service, we questioned this with the SRA and have obtained clear guidance in a letter from the SRA. Below is the note issued by the SRA on 5th January. We do not think they will […]
Ingemar has interviewed a prominent broker for Legal PII with access to the whole Professional Indemnity market. This is what he said: “Cyber security is an area that Insurers are asking more and more questions about in respect of a firms PII. With the Insurers pretty much on for any loss from the client account, […]
High Court decision from November 2020 in the case R (on the application of Aviva Insurance Ltd and Swiss Reinsurance Co Ltd) v. Secretary of State for Work and Pensions [2020] EWHC 3118 (Admin). The High Court found that defendant insurers do not have to repay to the government all of the state benefits paid […]
Costa and Caffé Nero strike me as a great example. It’s a mixture of strategy and luck. Of all the major coffee chains, Caffé Nero is my favourite. I like their coffee and the Italian feel. I’m told I am their typical customer. (I was told so by one of our law firm clients, who […]
Data flows after Brexit The Brexit transition period ended on 31st December 2020. After that date, the UK became a Third Country in the eyes of the EU and thus transfers of personal data need to be looked at differently. Transfers of personal data from the EU to a Third Country are required under the […]
Some interesting bits from the SRA Conference yesterday on the SQE. When? SQE 1 exams will be on 8th (FLK 1) & 11th Nov 2021 (FLK 2), 5 hrs exam each day (in 2 halves with an hour’s break between). SQE 2 exams will be in April 2022 Where will they be? You will be […]
