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Changes to the CLC's Accounts Code

13 February 2017

Changes to the CLC's Accounts Code are proposed to reduce the regulatory burden on specialist conveyancing and probate firms by: 

  • Simplifying the Accounts Code (in future five pages rather than ten)
  • Introducing a new self-certification scheme for Aged Balances to give firms more discretion
  • Replacing guidance with a more focused Practice Note 

The CLC is also asking whether any further changes are needed to take account of issues around keeping accounts in probate matters. 

Read the full consultation document

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