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Regulatory reforms must not increase costs for consumers

While reform of legal services regulation is long overdue, we have cautioned against against changes which could increase costs for consumers and damage the competitiveness of Scottish law firms.

Comment on Scottish Government consultation analysis on reforming legal complaints

The Society's President Ken Dalling comments following the publication of the analysis of the Scottish Government consultation on proposals to improve the current complaints system.

Specialist AML guidance for Trust & Company Work and Notaries published

The Legal Sector Affinity Group has published further anti-money laundering guidance for specialist areas of legal practice, following its extensive redraft of the main UK AML guidance in January.

Regulatory Committee update

The Society's Regulatory Committee Convener Craig Cathcart provides an update on the work of the committee in 2020 and 2021.

Inaugural AML supervisory report and Risk Appetite statement published

Today, we publish our inaugural annual anti-money laundering (AML) supervisory report, highlighting the breadth and range of AML initiatives that the Law Society of Scotland has recently undertaken, along with our first supervisory AML Risk Appetite statement.

New UK AML guidance for the legal sector

The Legal Sector Affinity Group has completed an extensive revision and redraft of the UK AML guidance for the legal sector.

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Complaints reform “a significant and positive step forward”

The Scottish Government has published a new consultation to improve the current 'complicated and cumbersome' legal complaints system.

Wrong to target high street law firms with economic crime levy

The Law Society of Scotland has said that small, high street law firms should not be hit with an additional economic crime levy.

Price transparency guidance to come into effect in January 2021

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.

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.

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.