SRA draws up post-Halliwells protocols for failed firms
The Solicitors Regulation Authority (SRA) is drawing up a set of guidelines for large firms facing administration in light of experience gained following the collapse of Halliwells. The regulatory body is consulting with a number of law firms, banks and insolvency practitioners to come up with a protocol to make sure that firms going into administration in the future are compliant with the profession’s regulations.
The Solicitors Regulation Authority (SRA) is drawing up a set of guidelines for large firms facing administration in light of experience gained following the collapse of Halliwells.
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