Financial Crime Financial Crime

UK law firms' risk to consumers prompts watchdog to review regulatory approach

By Jakub Krupa and Martin Coyle
  • 05 Feb 2024 12:03
  • 05 Feb 2024 12:03
UK law firms' growing risk of harm to consumers needs to be addressed, their industry watchdog warned today as it opened a wide-ranging review of its approach, citing a spike in interventions over issues such as suspected fraud or a firm failing.
The review by the Solicitors Regulation Authority, the regulatory body

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Jakub Krupa

Senior Correspondent

Jakub joined MLex’s London team in August 2020 to report on topics including data privacy and security, cybersecurity, and telecom regulation, focusing on EU & UK regulatory and legal risk in the telecoms, media and technology (TMT) sectors. He is currently working on MLex's coverage of future mobility, in particular the rise of connected, electric and autonomous vehicles.

Martin Coyle

Senior Correspondent

Martin Coyle is a senior correspondent, based in MLex's London office, reporting daily on bribery and corruption issues in the UK and Europe. Previously he was a senior editor at Thomson Reuters where he covered anti-money laundering, financial crime and regulatory enforcement issues. Prior to that he was editor of The Accountant, the world's oldest accounting publication, and International Accounting Bulletin, a bi-monthly business journal owned by Lafferty.

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