AJ FOX COMPLIANCE’s Post

The recent SRA proposals on higher financial penalties have been widely criticised as being unlawful, unworkable and of failing to recognise the business structure of law firms. All damning enough, before considering that they additionally fail to adhere to basic rule of law principles. #SRA #lawfirm #riskandcompliance

The recent SRA proposals on higher financial penalties have been widely criticised as being unlawful, unworkable and of failing to recognise the business structure of law firms. All damning enough, before considering that they additionally fail to adhere to basic rule of law principles. #SRA #lawfirm #riskandcompliance

The recent SRA proposals on higher financial penalties have been widely criticised as being unlawful, unworkable and of failing to recognise the business structure of law firms. All damning enough, before considering that they additionally fail to adhere to basic rule of law principles. #SRA #lawfirm #riskandcompliance

The recent SRA proposals on higher financial penalties have been widely criticised as being unlawful, unworkable and of failing to recognise the business structure of law firms. All damning enough, before considering that they additionally fail to adhere to basic rule of law principles. #SRA #lawfirm #riskandcompliance

The recent SRA proposals on higher financial penalties have been widely criticised as being unlawful, unworkable and of failing to recognise the business structure of law firms. All damning enough, before considering that they additionally fail to adhere to basic rule of law principles. #SRA #lawfirm #riskandcompliance

The recent SRA proposals on higher financial penalties have been widely criticised as being unlawful, unworkable and of failing to recognise the business structure of law firms. All damning enough, before considering that they additionally fail to adhere to basic rule of law principles. #SRA #lawfirm #riskandcompliance

The recent SRA proposals on higher financial penalties have been widely criticised as being unlawful, unworkable and of failing to recognise the business structure of law firms. All damning enough, before considering that they additionally fail to adhere to basic rule of law principles. #SRA #lawfirm #riskandcompliance

The SRA is currently consulting on proposals to update its approach to issuing financial penalties to law firms and solicitors. These proposed changes consider the Economic Crime and Corporate Transparency Act, which grants the SRA unlimited fining powers in cases of economic crime, as well as insights gained since its current fining approach was introduced last year. Stay up-to-date with the latest changes and updates by subscribing to our regular newsletter: https://loom.ly/ECmjeDs #compliancenews #legalcompliance #legalnews

Allowing alternative dispute resolution (ADR) proceedings earlier in the proceedings will save time and money, and see fewer cases proceeding to the courts. Joon Chong explains that ADR proceedings are often the first opportunity for the taxpayer to meet with the SARS auditors in person or virtually to discuss the merits of the dispute. Read more: https://bit.ly/3YtObW0 #TaxLaw #AlternativeDisputeResolution

Understanding the essential role of both accountants and commercial lawyers in business is crucial from the outset. While accountants handle financial aspects, commercial lawyers navigate the intricate web of Australian laws, safeguarding businesses against legal complexities. #ProminentLawyers #LegalFirm #BusinessEmpowerment #CorporateLaw