The Solicitors Regulation Authority (SRA) has published the latest version of its Handbook, which includes changes to the regulation of consumer credit work. Version 16 of the Handbook marks the beginning of a new regime for consumer credit. Transitional arrangements put in place by the Financial Conduct Authority have ended. Solicitor firms are now covered by SRA regulation as long as the consumer credit activities they carry out are central to the legal services they are provide. Version 16 also simplifies the process of approval for firms, removing the need to explain what reserved legal activities they carry out.
07 April 2016
New SRA Handbook
MOVERS & SHAKERS
Foot Anstey—Jasmine Olomolaiye
Investigations and corporate crime specialist joins as partner
Fieldfisher—Mark Shaw
Veteran funds specialist joins investment funds team
Taylor Wessing—Stephen Whitfield
Firm enhances competition practice with London partner hire
NEWS
Could an online LLM in Commercial and Technology Law expand your career options?
The controversial Courts and Tribunals Bill has passed its second reading by 304 votes to 203, despite concerted opposition from the legal profession
The presumption of parental involvement is to be abolished, the Lord Chancellor David Lammy has confirmed
A highly experienced chartered legal executive has been prevented from representing her client in financial remedies proceedings, in a case that highlights the continued fallout from Mazur
Plans to commandeer 50%-75% of the interest on lawyers’ client accounts to fund the justice system overlook the cost and administrative burden of this on small and medium law firms, CILEX has warned
Copyright © 2026 LexisNexis
