SRA Standards and Regulations 2019

Question 1

What are the key documents which comprise the SRA Standards and Regulations?

Answer 1

SRA Principles

Code of Conduct for Solicitors, Registered European Lawyers and Registered foreign lawyers - CCS

Code of Conduct for Firms - CCF

SRA Accounts Rules

Question 2

What are the seven SRA Principles?

Answer 2

Act in a way that upholds the rule of law and the proper administration of justice

In a way that upholds public trust and confidence in the profession and services

Act with independence

honesty

integrity

encourage equality, diversity and inclusion

in the best interest of each client

Question 3

What if there is a conflict between principles?

Answer 3

Then the principles which safeguard the wider public interest prevail and take prioriy over the interest of an individual client

Question 4

What is in the CCS?

Answer 4

Sets out standards for individuals authorised by the SRA and those that provide legal services eg paralegals

You must exercise judgement in applying this and compliance is a personal responsibility

Question 5

What is the CCF?

Answer 5

Sets out standards for businesses and how they are run

Covers:

Systems and controls that firms must have in place to comply

responsibilities of managers of the firm

requirement to have a compliance office for legal practice and a compliance office for finance and administration