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Update from the London & South East Relationship Management team - 5th Money Laundering Directive; Practice notes; Events near you

17/1/2020

 
Event: ICAEW East Anglia - Grand Debate (Cambridge Union, 18 March 17:30-20:30)
 
The Institute of Chartered Accountants in England and Wales (ICAEW) are holding an event which will debate the motion of 'this house believes that a vibrant East Anglia needs full economic devolution'. As this is a contentious topic, the proceedings will be chaired by Lord Norman Lamont, former Chancellor of the Exchequer, who will host the debate and act as speaker of the house.
 
Confirmed speakers so far:
  • James Palmer - Mayor of Cambridgeshire and Peterborough
  • Lord Karan Bilimoria - Founder of Cobra Beer, member of the House of Lords and CBI Vice President
  • Iain Wright - Director of Business and Industrial Strategy at the ICAEW
  • Doug Field - Chair of the New Anglia LEP
 
For more information, and to register, please follow this link
 
5th Money Laundering Directive - summary of changes
 
The EU's 5th Money Laundering Directive came into force this week. The Legal Sector Affinity Group, which includes the Law Society and all the other legal sector supervisors names in the anti-money laundering regulations, has published a summary of changes to the regulations to help firm comply with the new requirements.
 
>Read more
 
Handling complaints practice note updated
 
The SRA Standards and Regulations 2019 replaced the SRA Handbook (2011) from 25 November 2019. Our updated practice note is relevant to all law firms and sole practitioners authorised by the SRA. It is also relevant to individual solicitors, RELs and RFLs, wherever they practise.
 
> Read more
> See all our updated practice notes
 
Law Society events
 
As we kick off the new year, save the dates in your diary for some of the events we have planned in the first few months of 2020.
 
> Read more
 
Open Consultations
 
SRA Corporate Strategy 2020-2023 consultation -  closing date for responses 23 January 2020 - Link to consultation
 
The SRA is seeking views on its new Corporate Strategy which sets out SRA priorities for the period from 2020 to 2023. The three key areas cited are:
  • “Embedding high standards for ourselves and the profession: implementing, evaluating and evolving our reforms and regulatory model.
  • Technology and innovation: supporting the development and adoption of technology and other innovation so that opportunities and new ideas can flourish.
  • Anticipating and responding to change: building our understanding of emerging opportunities and challenges so we can effectively respond to them.”
 
The consultation also promises to embed an ongoing commitment to promoting access to justice across all work.  Policy Advisors- Marzena.Lipman@lawsociety.org.uk
 
If you have any questions in relation to any of the above, please do not hesitate to contact us at London&SouthEastTeam@lawsociety.org.uk    
 
Best wishes,
 
Beth, Bhavni and Stuart.

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