Yesterday I had that email we all dread – “Hi Amy, I’ve had an email from one of your team and we think it’s a scam, just wanted to let you know.”…
On 23rd November 2020 the SRA released guidance which may have been missed on the radar of many of you. The purpose of the guidance was to draw to the attention of firms the need to consider whether they fell within the new definition of a tax adviser under The…
On 20th January 2021 the Legal Sector Affinity Group (LSAG) finally issued their new draft AML guidance for law firms. Since 2017 LSAG have agreed to issue one sector wide piece of guidance rather than…
In November 2019, the SRA introduced a new model of operating for so-called “freelance solicitors”. The intention was to allow solicitors greater flexibility when providing services. We were told that the changes took place as the regulator felt that the previous arrangements created an unnecessary and restrictive ‘artificial entity’ model…
In this Blog on some of the many queries received from our clients through our Ask Teal Service, we look at the most popular question we’ve had on how to deal with meeting your CDD obligations during a lockdown period.We are in unprecedented times and it’s unlikely you’ll be able…
In this Blog looking at some of the many queries received from our clients through our Ask Teal Service, we consider how to deal with compliance obligations remotely. How can we ensure compliance works remotely? The Solicitor’s Regulatory Authority will still expect compliance to happen and undoubtedly some elements of…
In this Blog dealing with questions received from our clients through our Ask Teal Service, we look at what we see as the biggest risk and compliance issue that will arise as a result of Coronavirus and the impact it has on law firms. What do you think the…
Conveyancing – The Impact of COVID-19 on the Conveyancing Market:…
In this next blog in our series looking at some of the many queries received from our clients through our Ask Teal Service, we consider the client confidentiality issues that may arise when staff work from home.What are the likely client confidentiality issues when staff work from home?You’ll need to…
Photo by Emma Matthews Digital Content Production on UnsplashOne of the interesting features of the current lockdown is how it seems to be enabling people to open up their minds on thinking about their businesses. Maybe it has something to do with our seeing how the Powers That Be are…
