The Solicitors Regulation Authority (SRA) has welcomed the decision by the Legal Services Board to approve proposals to remove unnecessary burdens on law firms carrying out reserved activities. The previous rules meant that the SRA could revoke or suspend a firm’s authorisation if it did not carry out the reserved activities it was authorised to do. The removal of this rule means that once a firm has shown it meets the standards to be entitled to carry out reserved activities, it will not need to demonstrate that it is actively doing so.
04 February 2016
New proposals from LSB on reserved activities
MOVERS & SHAKERS
Clyde & Co—Suriya Ashok
Clyde Co strengthens energy transition and construction offering with hire of Suriya Ashok
Jurit—Nicole Gallop Mildon
Jurit appoints rare dual-qualified lawyer to expand Anglo-French private wealth expertise
Twenty Essex—Thomas Hibbs, Jack Hollingworth & Sam Pearce
Three new tenants join Twenty Essex
NEWS
The Financial Reporting Council’s revised Audit Enforcement Procedure will alter the balance of power in corporate investigations
A telecoms operator may be able to hold over under the Landlord and Tenant Act 1954, yet still be unable to secure a renewal: an outcome described as a legal ‘paradox’
Safety fears do not automatically justify shutting an interested person out of a statutory will application
Consumer credit law is heading for its biggest shake-up in 50 years, with the Consumer Credit Act 1974 set to yield much of its detailed statutory machinery to FCA rules
The Supreme Court has settled a long-running dispute over part-time workers: unfavourable treatment need be a significant or effective cause, not the sole cause
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