3 December 2015
The Financial Protection Committee's compensation fund review working party has completed its 18-month review of the compensation fund under terms of reference agreed by the committee following consultation with the representative Law Society.
1 December 2020
The primary object of the Compensation Fund (the Fund) is to replace money which a defaulting practitioner or a defaulting practitioner's employee or manager has misappropriated or otherwise failed to account for.
1 December 2023
This impact assessment sets out the potential impacts, both positive and negative, of the criteria for emergency payments and the prioritisation of how we will consider applications made to the fund.
1 October 2019
The primary object of the Compensation Fund (the Fund) is to replace money which a defaulting practitioner or a defaulting practitioner's employee or manager has misappropriated or otherwise failed to account for.
1 August 2018
The primary object of the Compensation Fund (the Fund) is to replace money which a defaulting practitioner or a defaulting practitioner's employee or manager has misappropriated or otherwise failed to account for.
2 December 2019
The primary object of the Compensation Fund (the Fund) is to replace money which a defaulting practitioner or a defaulting practitioner's employee or manager has misappropriated or otherwise failed to account for.
16 December 2022
The primary object of the Compensation Fund (the Fund) is to replace money which a defaulting practitioner or a defaulting practitioner's employee or manager has misappropriated or otherwise failed to account for.
5 June 2024
The primary object of the SRA Compensation Fund (the Fund) is to replace money
which a defaulting practitioner (primarily solicitors) or a defaulting practitioner’s
employee, manager or owner has misappropriated or otherwise failed to properly
account for.
23 June 2022
If we know that people are at risk of receiving legal services from a dishonest solicitor, or it is, for some other reason, necessary to protect the interests of clients, we can take action and close down a firm or a solicitor’s practice.
24 June 2021
If we know that people are at risk of receiving legal services from a dishonest solicitor, or it is, for some other reason, necessary to protect the interests of clients, we can take action and close down a firm or a solicitor’s practice.
