Tuesday, January 31, 2012

UK Risk News and Updates

  • UK-based Legal Risk LLP has published its latest newsletter, which contains updates on Alternative Business Structures, Outcomes-focused regulation, Anti-money laundering compliance, and Professional indemnity insurance.
  • International firms offered global entity regulation – “The Solicitors Regulation Authority (SRA) is proposing to sweep away the old system of registering foreign offices of global firms and to replace it with a single international ‘passport to practice’… Under the proposals, international law firms will have greater flexibility to operate in any form that is allowed in other countries. They will also be able to bring into their partnerships lawyers from key emerging markets.” [via MP Magazine]

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