UK Regulation

FCA To Take Reins Of AML Regulation From SRA

By Jamie Lennox

The government said Tuesday that the Financial Conduct Authority will become the sole regulator of anti-money laundering and counter-terrorism financing for professional services providers, slashing the supervisory role of the Solicitors Regulation Authority and other industry watchdogs.

SRA Knew Of SSB Risks Years Before Firm's Fall, Report Says

By Marialuisa Taddia

The Solicitors Regulation Authority was aware of risks to consumers connected with SSB Group Ltd.'s bulk cavity wall insulation claims as early as January 2019, yet only deemed the firm financially distressed in October 2023 — just months before its collapse.

SRA Faces Sanctions Over Mishandling Of Law Firm Collapse

By Marialuisa Taddia

The Legal Services Board launched enforcement action Thursday against the solicitors' watchdog for allegedly mishandling serious complaints about SSB Group Ltd., which collapsed in 2024 leaving many clients to face thousands of pounds in legal costs.

To Whom It May Concern: Law Society Bins 'Dear Sirs'

By Hanna Vioque

The Law Society has told lawyers to stop addressing people as "Dear Sirs" in correspondence because the gendered greeting is no longer appropriate or representative of today's diverse society.

Barrister Appointed To Lead Union Disputes Panel

By Hanna Vioque

The Department of Business and Trade said Thursday that it has appointed a former employment barrister to handle complaints about trade unions and employers' associations, replacing its former certification officer of eight years.

UK Lawyers Get Easier Path To Work In Belgium In New Deal

By Ashish Sareen

Legal groups have agreed a deal to simplify the process for U.K. lawyers to practice in Belgium, addressing challenges the profession has faced in the aftermath of Brexit.

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September 12th, 2025, 10:28AM

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