News
Latest on risk management, professional indemnity and compliance issues.
Filter:
- Anti-Money Laundering
- Compliance Issues
- Conflicts
- Data Protection
- Latest News
- Miscellaneous
- Professional Indemnity
- Regulation
- Uncategorized
-
July 8, 2021
Stuart Malcolm Forsyth v (1) The Financial Conduct Authority and (2) The Prudential Regulation Authority [2021] UKUT 162 (TCC)
Successful appeal against finding of lack of integrity. Wingate & Anor v The Solicitors Regulation Authority [2018] EWCA Civ 366 applied.
See here.
-
July 2, 2021
Travelers Insurance Company Ltd v Armstrong & Anor [2021] EWCA Civ 978
An assignment of professional negligence claims against solicitors and counsel to an opponent in litigation entitled the assignee to documents which were the subject of joint privilege of the assignor and its insurers.
See here.
-
June 30, 2021
Financial sanctions: OFSI blog on Reasonableness in Licensing
See here.
-
June 29, 2021
European Commission adopts adequacy decisions for the UK (press release with links)
See here.
-
June 25, 2021
European Data Protection Board Recommendations 01/2020 on measures that supplement transfer tools to ensure compliance with the EU level of protection of personal data
See here.
-
June 23, 2021
OFSI – updated Russia Guidance: Guidance for the financial and investment restrictions in Russia (Sanctions) (EU Exit) Regulations 2019
See here.
-
June 16, 2021
The CLC’s Participating Insurers Agreement and Minimum Terms and Conditions: Call For Evidence
See here.
-
June 15, 2021
Legal Risk LLP boosts team with senior hire from Solicitors Regulation Authority
See here.
-
June 15, 2021
SRA press release: extension of Solicitors Indemnity Fund cover until 30 September 2022
Note this is subject to an affordability test. Assuming the test is met for one more year, it will mean that SIF will continue to provide post six-year run-off cover for claims against firms which have closed without a successor practice until September 2022.
See here.
-
June 7, 2021
Crown Prosecution Service: Updated guidance on prosecution of money laundering offences
Note that for offences committed on or after 2 June 2021 the CPS will prosecute individuals for failure to disclose offences under s330 regardless of whether it subsequently transpires that money laundering cannot be proven, or that it did not occur.
See here.
