New Money Laundering regulations edge closer
The UK government has again confirmed that it will adopt the EU Fifth Anti-Money Laundering Directive (5AMLD), enacted earlier this year. Lord Henley, a Parliamentary Under-Secretary of State at the Department for Business, Energy and Industrial Strategy, noted in a private letter to Margaret Hodge MP that the January 2020 deadline for transposition of the […]
SRA Risk Outlook highlights managing claims and cyber security as key areas of concern
The SRA’s risk outlook published this week has highlighted two main areas as requiring particular attention from law firms: Managing claims ‘We are increasingly concerned about the practises of some firms that offer personal injury work, including holiday sickness claims. Similarly, some firms bringing payment protection insurance claims may not always be meeting the high […]
Court can order sale of property to trustee at expert’s valuation price
In a recent appeal, a High Court judge upheld a decision which allowed one beneficial owner of a property to buy out his siblings’ (the other beneficial owners’) interests in the property at a price determined by a valuation exercise rather than a sale on the open market. In this case, a house was left […]
The SRA Risk Outlook 2018/19
Today the SRA have released their Risk Outlook 2018/19. They have included two new priority risks this year: 1. Managing claims ‘We are increasingly concerned about the practises of some firms that offer personal injury work, including holiday sickness claims. Similarly, some firms bringing payment protection insurance claims may not always be meeting the high standards […]
Are you ready for Countrywide Legacy’s exciting new feature?
Ready for a brand new feature? Stay tuned for our first showing coming soon… Countrywide Legacy has been written and built by our team of experts and barristers to not only draft legal documents, but also assist in running your whole business more efficiently. Having spent so many years in the Will writing industry, taking […]