SRA Update

Welcome to the latest SRA Update. You might have heard by now that my successor has been appointed. Sarah Rapson, currently the Executive Director of Supervision at the Financial Reporting Council, will take over from me before the end of the year when I retire. I’m sure you will join me in welcoming her to the post. Read more about Sarah in this issue. Also, dates for this year’s renewal period have been confirmed and we have information and guidance for those of you who like to be prepared. And there’s still time to have your say on changes to our rules on first-tier complaints – we are consulting on some amends that should help firms and clients alike.  

Paul Philip

Chief Executive

Welcome to the latest issue of Compliance News. We have had reports from the Advisory Board for the Post Office Horizon compensation scheme that some solicitors representing sub-postmasters are potentially involved in inappropriate charging practices. We set out our position on this issue. We also have an update for those working on claims where there is – or may be - an option of a redress scheme. Also this month, catch up on information on sanctions against those in restricted jurisdictions, and save the date for this year’s Compliance Officer Conference. 

Paul Philip

Chief Executive