Credit: phloxii / Adobe Stock Holding Client Money Could Face Increased Regulatory Scrutiny
Enhanced regulation of other sectors, like banking, could be a warning sign for law firms of increased scrutiny to come, one UK lawyer has warned.
October 08, 2023 at 05:19 PM
2 minute read
Law Firm Management
Law firms holding client money could come under increased scrutiny from U.K. regulator the Solicitors Regulation Authority given the cash that could now be earned from higher interest rates, one lawyer has warned.
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