SRA Standards and Regulations

Showing 189 results

Found in

SRA Application, Notice, Review and Appeal Rules

Rule 6

Taking effect of decisions subject to review or appeal

Unless specified otherwise, subject to rule 6.2, a decision takes effect: if no application for a review or appeal is made, on the expiry of the date for bringing such an application under these rules; and if an application for a review or an appeal is made, on the date any review or appeal has been determined or discontinued. The SRA may direct a decision to take immediate effect, where it...
Found in

SRA Application, Notice, Review and Appeal Rules

Rule

Regulatory and Disciplinary

As set out in the SRA Regulatory and Disciplinary Procedure Rules: A decision made under rule 3.1, save for a decision to make an application to the Tribunal under rule 3.1(g). A decision made under rule 3.2(a) to impose interim conditions. 2A. A decision made under rule 7.2 that a disqualification should remain in force. A decision made under rule 9.2 to publish a decision.
Found in

SRA Authorisation of Individuals Regulations

Regulation 9.9

Financial services activities

If you are a solicitor, an REL or RFL you may carry on regulated financial services activities under the SRA Financial Services (Scope) Rules, provided that such activities are undertaken through an authorised body.
Found in

SRA Regulatory and Disciplinary Procedure Rules

Rule 3

Consideration by authorised decision makers

On finding that an allegation is proved (save for sub-paragraph (g)), an authorised decision maker may decide as appropriate in respect of a relevant person to: give a written rebuke, in accordance with section 44D(2)(a) of the SA or paragraph 14B(2)(a), Schedule 2 to the AJA; subject to rule 3.6, direct the payment of a financial penalty in accordance with section 44D(2)(b) of the SA,...
Found in

SRA Statutory Trust Rules

Rule 2

Identifying beneficial entitlements

The SRA will create a reconciled list or a best list in respect of statutory trust monies held, using the information which it has available. In creating a reconciled list or a best list, any sums of money which are identified within a statutory trust account as being payments on account of fees or unpaid disbursements, or which are equivalent to the costs incurred in a matter to which the...
Found in

SRA Regulatory and Disciplinary Procedure Rules

Rule 10

Costs

An authorised decision maker may require a person who is the subject of a decision under rule 3.1(a) to (f) to pay a charge in accordance with Schedule 1 to these rules. The authorised decision maker may decide to charge less than the amount that would be payable in accordance with Schedule 1 if they consider that it would be just in all the circumstances to do so. Any charge must be paid by...
Found in

SRA Code of Conduct for Solicitors, RELs and RFLs

7

Cooperation and accountability

You keep up to date with and follow the law and regulation governing the way you work. You are able to justify your decisions and actions in order to demonstrate compliance with your obligations under the SRA's regulatory arrangements. You cooperate with the SRA, other regulators, ombudsmen, and those bodies with a role overseeing and supervising the delivery of, or investigating concerns in...
Found in

SRA Principles

Rule

SRA Principles

You act: in a way that upholds the constitutional principle of the rule of law, and the proper administration of justice. in a way that upholds public trust and confidence in the solicitors' profession and in legal services provided by authorised persons. with independence. with honesty. with integrity. in a way that encourages equality, diversity and inclusion. in the best interests of each...
Found in

SRA Principles

Rule

SRA Principles

You act: in a way that upholds the constitutional principle of the rule of law, and the proper administration of justice. in a way that upholds public trust and confidence in the solicitors' profession and in legal services provided by authorised persons. with independence. with honesty. with integrity. in a way that encourages equality, diversity and inclusion. in the best interests of each...
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...