Credit: Andrii Yalanskyi, AdobeStock. The Consumer Protection Review: Getting Ahead of the Curve
The SRA is considering several measures including tighter monitoring of how legal firms handle client funds.
June 17, 2024 at 05:00 PM
5 minute read
Regulation
The SRA's recently launched Consumer Protection Review (CPR) aims to explore what more the regulator, and individual firms, can do to ensure consumers and clients are protected from financial loss. The review was launched following the SRA's intervention in the firm Axiom Ince, after some £60 million of client money being handled by the firm disappeared.
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