SRA Standards and Regulations
Showing 251 results
Found in
SRA Compensation Fund Rules 2021
Interest
In respect of any grants made under rules 3, 6 or 7 the SRA may make a supplementary grant by way of a sum in lieu of lost interest on the loss underlying the principal grant. Such interest will be calculated by the SRA in accordance with prescribed rates. Where the application for the principal grant is in respect of a failure to redeem a mortgage, the SRA may also make a grant in respect of...
Found in
SRA Compensation Fund Rules 2021
Conduct of the applicant and contribution to loss
A grant may be refused or reduced to take account of: dishonest, improper or unreasonable conduct by the applicant or anyone acting on their behalf: in the circumstances that gave rise to the application; in relation to the application itself; or failure to pursue the application promptly, co-operatively and in good faith. A grant may be refused or reduced to take account of any act or...
Found in
SRA Compensation Fund Rules 2021
Refusal of an application
If the SRA refuses to make a grant of either the whole or part of the amount applied for, the applicant will be informed in writing of the reasons for the decision. The fact that an application has been rejected does not prevent a further application being submitted provided that material new relevant evidence or information is produced in support of the new application.
Found in
SRA Regulatory and Disciplinary Procedure Rules
Schedule 1
This schedule sets out the basis for calculating the charges payable under rule 10. The SRA will record the amount of time spent by the SRA or its agents in investigating the matter, including time spent on correspondence, evidence gathering and analysis, and report writing. The standard charges are as follows: Number of hours spent investigating matter Standard Charge Under 2 hours £300 2...
Found in
SRA Education, Training and Assessment Provider Regulations
Higher rights of audience assessment providers
Only an organisation approved by the SRA may provide assessments in higher courts civil advocacy and higher courts criminal advocacy conferring a higher courts advocacy qualification. An organisation may apply to the SRA in such manner as may be prescribed to be approved to provide such assessments. The SRA may, in relation to an application for approval: grant the application, subject to such...
Found in
SRA Education, Training and Assessment Provider Regulations
Education providers
Only an approved education provider may provide and assess: a Qualifying Law Degree; a CPE; an Exempting Law Degree; or an Integrated Course. Only an authorised education provider may provide and assess the Legal Practice Course or the Professional Skills Course. An organisation may apply to the SRA in such manner as may be prescribed to be an approved education provider or an authorised...
Found in
SRA Application, Notice, Review and Appeal Rules
Individual authorisation
As set out in the SRA Authorisation of Individuals Regulations: A decision made under regulation 1.1(b) not to be satisfied that an individual holds a degree or qualifications or experience which are equivalent to a degree. A decision made under regulation 3.1(a) not to be satisfied that an individual holds a legal professional qualification that is recognised by the SRA, which confers rights...
Found in
SRA Financial Services (Conduct of Business) Rules
Execution-only business
If you arrange for a client on an execution-only basis any transaction involving a retail investment product, you must send the client written confirmation to the effect that: the client had not sought and was not given any advice from you in connection with the transaction; or the client was given advice from you in connection with that transaction but nevertheless persisted in wishing the...
Found in
SRA Financial Services (Conduct of Business) Rules
Treating complaints fairly
Notwithstanding your complaints handling obligations in the SRA Code of Conduct for Firms, you must have in place and operate appropriate and effective procedures for registering and responding to complaints from a person who is not a client.
Found in