Regulatory

Solicitors could lose their right to handle client money, following the Axiom Ince debacle.

A costs judge has reduced a bill claimed at nearly £260,000 to zero, in a ruling that highlights a gap in legal regulation.

The proposed Product Regulation and Metrology Bill aims to provide a ‘pragmatic response’ to safety risks and technological opportunities arising since the late 1980s, but what are its implications for businesses which use artificial intelligence (AI) and their insurers? In this week’s NLJ, John Doherty, partner and head of regulatory, Penningtons Manches Cooper, considers what shape the Bill might take.

Proposed changes to product safety laws will bring new risks for producers, writes John Doherty

It’s time to improve the Office of the Public Guardian register, Ann Stanyer, partner at Wedlake Bell, writes in this week’s NLJ

The Legal Services Board (LSB) has initiated enforcement action against the solicitors’ regulator over its handling of Axiom Ince Limited

The government is introducing tougher consumer protections on ‘buy-now, pay-later’ offers, amid concerns about the way such products are promoted

In his debut column for NLJ this week, crime silk Jonathan Fisher KC, of Red Lion Chambers, looks at the vexed problem of fraud, now accounting for 40% of all crimes committed in England & Wales

With fraud accounting for 40% of all crime in England & Wales, Jonathan Fisher KC sets out how the new government might tackle it

NLJ serves up a double helping of crypto this week. First, Andrew Bird KC takes a detailed look at the powers to freeze and destroy digital assets. Next up, Iain Young covers the legal landscape of crypto in Scotland & England