New proposals for the regulation of solicitors doing consumer credit work have been drawn up by the Solicitors Regulation Authority (SRA). These would allow solicitors to carry out certain consumer credit activities as long as they are central to the legal services they provide, minimise the burden of additional rules and protect clients. The SRA is consulting on its new proposals until 6 August. The consultation can be viewed on its website at www.sra.org.uk.
03 July 2015
Consumer credit
MOVERS & SHAKERS
Walkers—Muriel Marseille
Ashurst's Chief Risk Officer joins Walkers
Excello Law—John Osborne
Northern family lawyer John Osborne joins Excello
mfg Solicitors—Rebecca Rogers, Kennedy Langley & Victoria Griffiths
Trio of promotions announced at Kidderminster law firm mfg Solicitors
NEWS
A sole director can conspire with their own company for the purposes of the tort of unlawful means conspiracy, the High Court has ruled in a judgment with potentially wide implications for business disputes
The Court of Appeal has reinforced that domicile depends on intention rather than residence alone, in a significant post-Brexit ruling on cross-border financial remedy claims
The Chancery Division's long history comes to an end this autumn as it is reborn as the Business and Property Division, prompting questions over whether the shake-up is really necessary
The Financial Conduct Authority (FCA) continues to show that failing to disclose regulatory issues can attract harsher consequences than the original misconduct itself
Rejecting a generous settlement can prove an expensive mistake, as two recent high-profile cases demonstrate
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