SRA consults on compensation fund changes

Released 21 January 2020

The Solicitors Regulation Authority (SRA) has launched a consultation on proposals for reforming its Compensation Fund arrangements.

Broadly, the proposals aim to continue protecting clients who lose money because of dishonesty by a solicitor, or in circumstances where they cannot claim on a law firms' professional indemnity insurance, while at the same time making sure management of the fund remains sustainable.

The consultation will run until 21 April 2020.

View SRA consults on Compensation Fund changes.

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