The news items and other information on this site do not purport to be comprehensive or to give legal or professional advice. cpm21 does not provide legal advice. Whilst every effort has been made to ensure accuracy, neither cpm21, its owners, employees, associates, collaborators, agents or trainers can be held liable for any errors or omissions or inaccuracies contained within each communication, on its website, or in articles, tweets, posts or blogs on social networking sites. Readers should not act upon (or refrain from acting upon) information provided without first taking further specialist or professional advice. cpm21.

By Paul Jones

COLP and COFA SRA Service and Transparency Declarations 2021

Solicitors will recall that from the 6th of December 2018, SRA regulated legal firms must publish their fee information on their websites (or in alternative format easily available if they don’t have a website). To go with this, firms must publish the process for each of the different services offered, and the names, status and experience of the fee earners providing them.

By Paul Jones

SRA Diversity Reporting Deadline looms

As we approach the deadline for firms to report their diversity data to the regulator, we thought a reminder right about now might be timely, as in our day-to-day cpm21 interactions with Solicitors firms, we have been surprised about how many don’t realise this needs to be done, or that submissions have to be completed by the 30th of July 2021.

By Paul Jones

Brace Yourselves -The SRA are now carrying out Desktop Anti-Money Laundering Audits.

With the intense focus by the SRA on Anti-Money Laundering over the last year or so, it should not be any surprise that the regulator has decided it can’t wait for lockdowns to be over and it wants to get a picture of how firms are managing their Money Laundering obligations, especially as this time last year their AML Directorate Team were carrying out on-site audits, but for obvious reasons that stopped.