Ten years after the SRA’s Handbook was published, Tracey Calvert argues that constant vigilance is needed to uphold compliance.

The Solicitors Regulation Authority’s (SRA) first rulebook – the SRA Handbook – was published in October 2011 and introduced a variety of rules, regulations and outcomes which supported the SRA’s risk-based and firm-based style of regulation. Much of the content was quietly revolutionary and I recall many new compliance conversations from a decade ago.

Back in 2011, I talked about the need to adapt to the new order in order to succeed in the modern regulatory era. There is no reason to change this message ten years on. The SRA insisted we consider their expectations in all that we do and be able to demonstrate compliance in practice. The need to adapt compliance initiatives is no less relevant in 2021 than i...

Tracey Calvert
Director
Oakalls Consultancy Ltd

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