SRA Update

Welcome to the latest SRA Update. We may finally be heading toward the summer, but I am sure that, like us, you are as busy as ever. With this in mind, I wanted to highlight a number of upcoming regulatory requirements, opportunities and chances for you to have your say on future changes to how we, and the wider sector operates. There is still time for you to have your say on our proposed work programme and budget for next year. Plus, we have opened a consultation on potential rule changes regarding how law firms identify and handle complaints. There are a number of newly recorded and imminent events and webinars now available for you to sign up for or view on our website – please do take a look.

Paul Philip

Chief Executive

Welcome to the latest issue of Compliance News. We provide the key points to note following a recent update to UK government sanctions on Russia. We also encourage all firms to read our article on The Office of Financial Sanctions Implementation (OFSI) first-ever Legal Services Threat Assessment. There is a reminder about managing the risks when involved in a law firm merger and important guidance about providing expert witness services. Finally, with the summer approaching you will once again soon be required to provide information on how you manage AML and financial sanctions risk. Prepare for this by reading the support materials on our website.

Paul Philip

Chief Executive