SRA Standards and Regulations

Showing 289 results

Found in

SRA Authorisation of Individuals Regulations

Regulations 9.5 - 9.7C

Immigration work

Subject to regulation 9.7, if you are a solicitor, an REL, RFL or RSL you may undertake immigration work, provided that such work is undertaken: through an authorised body; through an authorised non-SRA firm that is a qualified person under the Immigration and Asylum Act 1999; as an employee, for your employer or work colleagues; or through a non-commercial advice service which is registered...
Found in

SRA Financial Services (Conduct of Business) Rules

Rule 7

Execution-only business

If you arrange for a client on an execution-only basis any transaction involving a retail investment product, you must send the client written confirmation to the effect that: the client had not sought and was not given any advice from you in connection with the transaction; or the client was given advice from you in connection with that transaction but nevertheless persisted in wishing the...
Found in

SRA Financial Services (Conduct of Business) Rules

Rule 14

Treating complaints fairly

Notwithstanding your complaints handling obligations in the SRA Code of Conduct for Firms, you must have in place and operate appropriate and effective procedures for registering and responding to complaints from a person who is not a client.
Found in

SRA Financial Services (Conduct of Business) Rules

Rule 22

Exclusions for large risks

Only rules 9, 13, 14, 18, 19, 20 and 22 apply where you carry on insurance distribution activities for commercial clients in relation to contracts of insurance covering risks within the following categories: railway rolling stock, aircraft, ships (sea, lake, river and canal vessels), goods in transit, aircraft liability and liability of ships (sea, lake, river and canal vessels); credit and...
Found in

SRA Financial Services (Conduct of Business) Rules

Rule 23

Disclosure of information

Where you undertake credit-related regulated financial services activities for a client, you must ensure that information in connection with such activities and any agreements to which they relate are communicated to the client in a way that is clear, fair and not misleading. Where you carry on the activity of credit broking, you must indicate in any advertising and documentation intended for...
Found in

SRA Regulatory and Disciplinary Procedure Rules

Rule 4

Decisions to impose a financial penalty

An authorised decision maker may decide to direct the payment of a financial penalty under rule 3.1(b), where this is appropriate to: remove any financial or other benefit arising from the conduct; maintain professional standards; or uphold public confidence in the solicitors' profession and in legal services provided by authorised persons. Where the SRA recommends the imposition of a...
Found in

SRA Roll, Registers and Publication Regulations

Regulation 2

Information in respect of individuals

The roll, and the registers in regulation 1.1(b) to (d) shall contain the following information in respect of each individual included in the same: their full name; their authorisation number; the date of their admission as a solicitor or commencement of their registration, as appropriate; in respect of solicitors that hold a current practising certificate, the fact that they do so and the...
Found in

SRA Compensation Fund Rules 2021

Rule 11

Conduct of the applicant and contribution to loss

A grant may be refused or reduced to take account of: dishonest, improper or unreasonable conduct by the applicant or anyone acting on their behalf: in the circumstances that gave rise to the application; in relation to the application itself; or failure to pursue the application promptly, co-operatively and in good faith. A grant may be refused or reduced to take account of any act or...
Found in

SRA Compensation Fund Rules 2021

Rule 12

Losses outside the remit of the Fund

For the avoidance of doubt, the SRA shall not make a grant in respect of losses that: arise solely by reason of professional negligence by a defaulting practitioner, or the employee or manager of a defaulting practitioner, save as provided for in rule 3.4; are indirect or consequential, save where the SRA exercises its discretion to make a grant: under rule 8; for costs of completing or...
Found in

SRA Indemnity Insurance Rules

Rule 4

Responsibility

Each authorised body, and any principal of such a body, must ensure that the authorised body complies with these rules. Each authorised body that has been unable to obtain a policy of qualifying insurance prior to the expiration of the extended policy period, and any principal of such a body, must ensure that the authorised body, and each principal or employee of the body, undertakes no...