SRA Update

Welcome to our September update. When it works well, the high-volume claims model can be a good route for consumers to enforce their rights. However, regular readers will know our concerns have been increasing about how the market is operating, and the significant risks this poses to the public. The findings of our recent thematic review have only heightened these concerns. It includes key areas where some firms are falling short and resources to support firms working in this area alongside important reminders of your obligations.

It is in everyone’s interest that we support a diverse legal profession. All solicitors have a duty to act in a way that encourages equality, diversity and inclusion (EDI). To help explain what that duty means in practice, we have expanded our EDI guidance.

With just a few weeks until you need to renew your practising certificate, please take time to check your mySRA login and check on your continuing competence obligations. Finally, there are a number of events coming up in the next two months, online and face-to-face, and we hope to see you there.

Paul Philip

Chief Executive

Welcome to the September edition. This month there’s a reminder to firms working in high-volume consumer claims to complete a mandatory declaration. This has been emailed directly to Compliance Officers with a link for the managing partner, CEO or equivalent to complete the declaration online.

Thank you to all those firms who completed the money laundering data collection in July. We are now directly contacting the small proportion of in-scope firms who haven’t responded. Please take time to read the latest anti-money laundering updates and sectoral risk assessment in this issue. Finally, we are almost fully booked for this year’s Compliance Officers Conference in Birmingham, but you can register for the virtual event in November if you prefer to access the various conference sessions online.

Paul Philip

Chief Executive