In the Media

SRA concerned at whistleblowers' silence on finances

PUBLISHED March 23, 2014

Not a single compliance officer from a 'high-impact' firm has reported any financial difficulties at their practices in 15 months, the SRA has revealed.
Speaking at the 360 Legal conference in London on Friday, SRA regulatory manager Sam Palmer admitted 'very low levels' of self-reporting from COLPs and COFAs, who are required to tell the regulator if there any compliance problems.

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