The Financial Services Compensation Scheme limit increased, with effect from the 30th January 2017, to £85,000 per individual (previously £75,000) or £170,000 for joint accounts. Check your Terms of Business have the correct figure.
The Information Commissioner’s Office (ICO) have confirmed they have now completed their first piece of detailed topic-specific GDPR guidance around consent and are asking for feedback via a short consultation with a closing date of 31st March 2017. Follow the link below to access the guidance and provide feedback:
https://ico.org.uk/about-the-ico/consultations/gdpr-consent-guidance/It is understood that, following the consultation, the finalised guidance will be issued in May 2017.
On 1st March 2017, the European Union (Notification of Withdrawal) Bill was debated as part of its second reading in the House of Lords. The Bill was not opposed and had now progressed to Committee Stage.
For further information on Brexit and the legal sector, follow the link below to the Law Society’s information pages:
Experiences of Consumers who may be Vulnerable in Family Law
In June 2016, the SRA commissioned research to provide insight into the expectations and experiences of clients that may be vulnerable in family law, focussing on access, cost and quality of service as well as the competence, behaviours and practices of solicitors in legal firms offering family law to vulnerable clients.
On 2nd March 2017, the SRA published the results of the research and their response to it, stating that as a result of the report and the findings of the CMA, they intend to take the following action:
- • Increase the availability of data to clients;
- • Conduct research into costs transparency and first tier complaints;
- • Carry out further work to determine the prevalence and impact of some of the issues outlined in the research including visits to family law firms to gain a better understanding of how they provide and adapt their services for vulnerable clients.
To read our full article and to access the Report and SRA’s response, follow the link below:
Acting as a Professional Attorney
The Office of the Public Guardian (OPG) has recently released a Good Practice Guide for individuals, such as solicitors, appointed to act as professional attorneys under an LPA. The Guide details best practice. The Law Society, who have contributed to it, recommend it as a useful resource.
Below is a link to the Good Practice Guide – a must-read for all staff involved in such work: