Co-operation and accountability

Question 1

Can you attempt to prevent anyone from giving information to the SRA or subject them to detrimental treatment for doing so?

Answer 1

No

Question 2

What must you notify the SRA promptly of?

Answer 2

1. Criminal Charges, convictions or cautions against you
2. Insolvency event
3. Material changes to information about you or your practice which you previously provided to the SRA

Question 3

What must firms promptly notify the SRA of?

Answer 3

1. Serious financial difficulty
2. Intention or awareness that it will cease operating as a legal business
3. Any changes to information recorded in the register
4. Material changes to ifnormation about the frm, managers, owners, compliance officers previously provided to SRA

Question 4

What must happen if you are aware that any person or body (including you) have committed a serious breach of a regulatory arrangement?

Answer 4

Promptly report to the SRA any facts you reasonably believe are capable of amounting to a serious breach

Question 5

If you don’t have enough information about whether a serious breach has occured what is your duty?

Answer 5

Inform the SRA of facts or matters you reasonably believe should be brought to its attention

Question 6

Should a solicitor report a suspicion of a breach to the SRA which requires disclosure of confidential information?

Answer 6

Yes

Question 7

What is a “serious breach”?

Answer 7

Abuse of trust
Dishonesty
Taking advantage
Misuse of money
Sexual/violent misconduct
Criminal behaviour