Updates – Page 4
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FeatureYou should know better
Wayne Johnson explains how elements of the know-your-client process could be automated to reduce costs, increase productivity, free up human experts to apply their experience and judgement, and protect firms against money laundering
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FeatureSupport system
Russell Hewitson, chair of the Conveyancing and Land Law Committee, provides an update on the committee’s work representing and supporting the profession, including around leasehold, fraud and the electronic execution of documents
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NewsSRA releases new guidance on price transparency
Law firms will have to publish details of their employees’ experience and the time work is likely to take – as well as their prices – when new transparency rules come into force in December.
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NewsPII proposals and increased risk in modern conveyancing
Michael Garson outlines the importance of risk management for conveyancing firms, now that the Solicitors Regulation Authority has proposed its changes to professional indemnity insurance
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NewsLaw Society publishes new briefing on SRA transparency rules
The new briefing will help you get a better understanding of what the changes were, why they were announced, and initial points to consider for risk and compliance within your practice.
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NewsSRA gives green light to freelance solicitors
Last week, the SRA announced a series of decisions on the outcome of its Handbook reforms. Marzena Lipman, policy adviser at the Law Society, gives an overview of the changes.
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NewsFirms’ websites must show prices, SRA announces
Under new proposals confirmed by the SRA, law firms will now be required to publish the prices they charge. This will cover conveyancing, probate, motoring offences, immigration advice and the cost of bringing claims before an employment tribunal.
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AnalysisWho pays for a property fraud? Determining liability post P&P and Dreamvar
Jennifer Meech outlines the facts of the recent high profile Dreamvar and P&P appeals
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NewsHow to assist with pre-owned park home sales in six steps
Park homes are not equivalent to bricks and mortar, and the procedure for buying and selling one is not subject to the usual conveyancing protocols. Rawdon Crozier and Ibraheem Dulmeer set out the six steps you need to follow.
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NewsBlockchain revolution?
Blockchain has been branded as the future of just about everything and is soon expected to infiltrate all aspects of our lives, from banking to tax returns and voting. But what is it, and how can it be used in property transactions?
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FeaturePlenty of phish
Despite a growing awareness of cybercrime, cyber-attacks show no sign of abating. Legal businesses are at particular risk because of the volume of data and money they hold. Graham Murphy looks at how DMARC email authentication can help
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FeatureSign of the times
Warren Gordon looks at new Land Registry proposals to roll out the use of electronic signatures for registrable documents, and the potential implications for security and fraud in conveyancing transactions
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FeatureFighting words
The ripples are still being felt from the recent cases of Purrunsing, P&P and Dreamvar. How are law firms responding, especially in the current limbo before the P&P and Dreamvar appeals? Maria Shahid investigates
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FeatureDirect hit
The fourth Anti-Money Laundering Directive will be transposed into law in England and Wales on 26 June. But, Alex Ktorides cautions, property practitioners may still not be aware of the potentially significant effect of the directive on their work
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NewsThe Homelessness Reduction Act 2017 - catching mammoths with straw nets?
Daniel Fitzpatrick, partner at Hodge Jones & Allen, discusses the Homelessness Reduction Act 2017.
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FeatureMortgage fraud: spotting the warning signs
Peter Rodd has been leading our series of fraud and cybersecurity seminars taking place until the end of June. Here, he shares a real-life example of mortgage fraud and the warning signs that the conveyancer failed to spot.