Justice Minister, Shailesh Vara, has announced a 10{0a6a65c996ed4169444354e707b897cdb00dbefc1d0429e8febb9bf11027ba53} rise in court fees across a range of civil proceedings, together with the introduction of a number of new fees. The Law Society and senior judges have condemned the move. The Master…read more
Wealth management firms failing to recommend suitable investment portfolios says FCA
One third of wealth management firms are failing to recommend suitable investment portfolios to their clients according to the Financial Conduct Authority (FCA). A thematic review by the regulator found improvement in practice since the previous review in 2012. However,…read more
Principle-based rules proposed by solicitors’ regulator
The Solicitors Regulation Authority (SRA) is planning to consult on proposals to move away from the prescriptive rules in the SRA handbook in favour of principle-based regulation. The SRA believes a new approach to regulation will do “more to allow…read more
International office measurement standard obligatory for RICS members
New property measurement standards have come into force. From 1 January 2016, RICS professionals must follow the RICS Property Measurement Professional Statement when they measure office accommodation. New rules are also being developed for measuring residential, industrial and retail property….read more
