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Law Society opposes plans for economic crime levy on solicitors

The Society has opposed proposals to introduce a UK-wide anti-money laundering levy on solicitors.

Diploma 2020 Q&A published

Following an unprecedented number of applications to the Diploma in Professional Legal Practice this year, the Law Society of Scotland has created a dedicated advice section for students who have not secured a place on the Diploma.

LBTT threshold increase needs to happen sooner rather than later

We are calling on the Scottish Government to prioritise implementation of the increased threshold for Land and Building Transaction Tax for residential property transactions.

Urgent update on simple procedure cases

The Scottish Courts and Tribunals Service has confirmed that simple procedure action submitted on or after 1 June 2020 must be submitted via the Civil Online plaform. The Convener of our Civil Justice Committee has written to ask for a review of this decision.

AML Roundup June 2020

It is particularly important in these difficult times, that we maintain a clear focus on our AML measures and requirements and with that in mind, we wanted to bring you a round up of AML news and events.

Supporting the profession during the Coronavirus outbreak

We highlight some of the the support and guidance available to our members during the Coronavirus outbreak.

AML Registration Requirements during the Covid-19 crisis

Due to the Covid-19 crisis, the Disclosure Scotland service is currently only processing applications for people working on sectors deemed vital at this time. HM Treasury are content that, on a temporary basis, firms or new sole practitioners can provide a statutory declaration that the BOOM(s) does not have a relevant criminal conviction as part of the application.

Success fee agreement regulations

Our Success fee agreement working party have designed templates to support the profession in complying with the 2020 regulations and provide a gold standard agreement for the profession’s use going forward.

Continued protection of client money during the Covid-19 crisis

Protecting client money held by practice units remains a crucial requirement during these unprecedented times. However, we appreciate that there...

Preventing money laundering during Covid-19

The UK Legal Sector Affinity Group has published an advisory note for legal practitioners to prevent money laundering or terrorist financing going through law firms during the Covid-19 crisis.

Statement on efforts to produce guidance for property sales

Guidance has now been agreed and published to enable interim measures introduced by Registers of Scotland to allow some urgent property transactions to settle this week. Ahead of that guidance Law Society President John Mulholland talked about the work which went into preparing it.

New guidance aims to improve price transparency in legal services

New guidance for Scottish solicitors on publishing pricing aims to help consumers better understand the cost of legal advice and services.