Law Society news
- in the category: Regulation
The Scottish Government has published a new consultation to improve the current 'complicated and cumbersome' legal complaints system.
The Law Society of Scotland has said that small, high street law firms should not be hit with an additional economic crime levy.
Guidance for Scottish solicitors on publishing pricing aims to help consumers better understand the cost of legal advice and services is due to come into effect in January 2021.
The Society has opposed proposals to introduce a UK-wide anti-money laundering levy on solicitors.
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.
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.
Protecting client money held by practice units remains a crucial requirement during these unprecedented times. However, we appreciate that there...
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.
The Society responds to the Competition and Markets Authority report on legal services in Scotland
The legal sector’s provision of Trust or Company services has been identified as an inherently high risk area of business and as such, the area of focus for our first thematic review - the results of which have now been published.
New guidance for Scottish solicitors on publishing pricing aims to help consumers better understand the cost of legal advice and services.