News archive
July
We have been recognised for our commitment to supporting LGBTQ+ staff and customers after reaching number 11 on Stonewall's Top 100 Employers list for 2024.
Board gives go-ahead for CILEX change, 01 July 2024The Board of the Solicitors Regulation Authority (SRA) has agreed it would regulate Chartered Institute of Legal Executives (CILEX) members, if CILEX decides to redelegate this to the SRA.
June
We are consulting on proposals to update our approach to issuing financial penalties to law firms and solicitors.
Firms must immediately replace client account shortages, SRA warns, 21 June 2024Law firms have been reminded of their duty to replace any shortages on client accounts immediately upon discovery in a new warning notice.
Update on our investigation into the Post Office Horizon IT scandal, 20 June 2024In light of the recent significant interest in the Post Office Horizon Scandal and the resumption of hearings at the ongoing statutory public inquiry, we are providing an update on our investigation, building on our January 2024 statement.
Firms should make sure clients' interests are central in mergers and acquisitions, 17 June 2024Solicitors have been reminded in a new warning notice that their clients’ interests must remain paramount during mergers and acquisitions.
Tackling ethnicity gaps in outcomes of professional legal assessments, 03 June 2024We are calling on the legal, education and training sectors to work with us to tackle issues leading to differential outcomes in professional legal assessments by ethnicity.
May
We have updated our warning to solicitors about getting involved in abusive litigation aimed at silencing legitimate critics, known as strategic lawsuits against public participation (SLAPPs).
SRA consults on 2024-25 business plan, budget and fee levels, 28 May 2024We have launched a public consultation on our 2024-25 Business Plan and budget (insert link), which includes details of proposed practising certificate fees. It also sets out compensation fund contributions for the coming year.
Warning to law firms working on financial compensation claims, 03 May 2024Law firms working on financial product mis-selling compensation claims have been warned about their potential approaches and the need to uphold their professional obligations.
April
We have published a thematic review looking at law firm understanding of best practice to avoid getting involved in strategic lawsuits against public participation (SLAPPs).
SRA starts search for new Board Chair, 11 April 2024We have begun the search for a new Chair for our Board, who will be responsible for overseeing our work driving confidence and trust in legal services.
Year two review of SQE shows continued improvements, 10 April 2024The latest reports reviewing the Solicitors Qualifying Examination (SQE) have shown it continues to perform well and there can be confidence in this rigorous assessment.
March
We have launched a consultation on rule changes needed to allow the potential regulation of non-authorised Chartered Institute of Legal Executives (CILEX) members.
SRA wants views on suite of support for in-house solicitors, 08 March 2024We have developed a raft of new resources to support the 34,500 plus solicitors working in-house in England and Wales. And views are now being sought on the guidance and advice before they are formally adopted.
February
January
We have written to more than 1,000 firms with guidance and support on complying with the UK’s financial sanctions regime. We gathered data from a number of firms and based on their responses identified a large number of firms that had indicated they had poor controls in place.
SRA issues more fixed penalties, 09 January 2024We have published more fixed penalties issued as part of our new financial penalty regime.