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News

Cyber Cover in PII – Changes to the CLC’s Minimum Terms and Conditions

27 September, 2021

The Legal Services Board approved on 21 September the CLC’s proposed amendments to its Minimum Terms and Conditions (MTC) for Professional Indemnity Insurance (PII). The changes set out to clarify the extent of cover for cyber-related losses while maintaining consumer protections. Read the Decision Notice These amendments follow directions from the Prudential Regulation Authority (PRA) [Read more]

CLC strips out cost of Legal Ombudsman from practice fees and will recharge firms based on complaints numbers

7 September, 2021

The Council for Licensed Conveyancers (CLC) is planning to start recharging the cost of the Legal Ombudsman (LeO) based on how many complaints each law firm generates, rather than spread the cost across the profession. The cost of LeO (£14.5m this year) is recovered from all of the legal regulators in proportion to the number [Read more]

Firms that generate disproportionate numbers of complaints to the Legal Ombudsman should bear more of the cost

14 May, 2021

Law firms that generate high numbers of complaints compared to their size should bear a greater burden of paying the costs of the Legal Ombudsman (LeO), the Council for Licensed Conveyancers (CLC) has proposed. In the first move of its kind among legal regulators, the CLC is consulting on moving away from spreading the cost [Read more]

CLC insurance terms on cover for cyber events to be clarified

10 May, 2021

Changes that aim to clarify the extent to which cyber-related losses are covered by professional indemnity insurance (PII) have been put forward for consultation by the Council for Licensed Conveyancers (CLC). The six-week consultation that runs until 18 June is in response to directions from both the Prudential Regulation Authority and Lloyd’s of London to [Read more]

Scam Regulatory email

12 November, 2020

In recent days, we have seen examples of scam emails purporting to be from legal and financial sector regulators. The emails ask firms to complete a compliance questionnaire. If you receive such an email purporting to be from the CLC, do not open the questionnaire.  Please forward the email to clcl@clc-uk.org so that we can [Read more]

CLC responds to Legal Services Board Prices of Individual Consumer Legal Services Report

7 September, 2020

Responding to the publication of the Legal Services Board Prices of Individual Consumer Legal Services in England and Wales 2020 Report Sheila Kumar, Chief Executive of The Council for Licensed Conveyancers (CLC) says: “This research from the CMA and LSB makes an important contribution to our understanding of the initial impact the transparency requirements we [Read more]

CLC response to the Legal Services Consumer Panel Tracker Survey 2020

11 August, 2020

Responding to the publication of the Legal Services Consumer Panel (LSCP) Tracker Survey 2020, Sheila Kumar, Chief Executive of the Council for Licensed Conveyancers (CLC) says:   “The LSCP Tracker Survey shows a positive rise in the number of consumers who are shopping around and that the majority of consumers are satisfied with the legal [Read more]

CLC Response to LSCP Report on regulatory sandboxes

28 July, 2020

Responding to the publication of the Legal Services Consumer Panel’s Report Developing regulatory sandboxes for legal services innovation, Stephen Ward, Director of Strategy and External Affairs at the Council for Licensed Conveyancers said: “The LSCP report makes a useful contribution to the thinking about the use of sandboxes. While the CLC does not provide a [Read more]

CLC response to the Legal Services Consumer Panel quality indicators research

24 July, 2020

Responding to the publication by the Legal Services Consumer Panel (LSCP) of its research on consumers feedback on quality indicators in legal services, Sheila Kumar, Chief Executive of the Council for Licensed Conveyancers (CLC) says: “We know from our own monitoring that CLC practices are complying well with the existing transparency requirements we introduced in [Read more]

CLC Response to HM Land Registry Annual Report 2019-2020

16 July, 2020

The CLC has issued the following statement in response to the publication of HM Land Registry Annual Report 2019-2020: “The Land Registry’s Annual Report shows an organisation that has a strong customer and solution focus. It has been most welcome to see how they have engaged with stakeholders and sought to rapidly adapt their process during the [Read more]

Response to publication of the OLC Annual Report

16 July, 2020

Responding to the publication of the Office for Legal Complaints Annual Report, a CLC Spokesperson said: “The OLC’s Annual Report identifies ongoing significant problems with LeO’s cost per case and a worrying impact on their performance owing to a high level of staff turnover. Our concerns about the cost and efficiency of the OLC are [Read more]

Intervention into Roberts Rose Partnership Limited a former Recognised Body)

2 July, 2020

Roberts Rose Partnership Limited (a former Recognised Body) Intervention into Roberts Rose Partnership – 02 July 2020 The practice closed on 11 March 2020.  In light of breaches of the Code of Conduct, the occurrence of an insolvency event and to protect the interests of the firm’s clients, the Council for Licensed Conveyancers (CLC) has [Read more]

Two new members appointed to the CLC’s governing Council

24 June, 2020

The Council for Licensed Conveyancers (CLC), the regulator of property and probate lawyers, has today announced the appointment of two new Council members. Jenny Quirke takes up the post of Chair of the CLC’s Audit and Risk Committee and joins the CLC Council in August, following the end of incumbent Heather Foster’s term. Milton James [Read more]

LSB approves CLC’s revised accounts code

19 June, 2020

A revised accounts code that expressly allows firms regulated by the Council for Licensed Conveyancers (CLC) to use third-party managed accounts (TPMAs), and deal more easily with aged balances up to £50, has been approved by the Legal Services Board (LSB). The new code, which will come into force on 30 September 2020, will contain [Read more]

TQ Property Lawyers

16 June, 2020

TQ Property Lawyers have informed the CLC that they intend to close the practice on 30 June 2020. The practice are in the process of contacting all clients who have a live conveyancing matter to inform them of the arrangements they are putting in place for the closure. TQ Property Lawyers may recommend to you [Read more]

Response from the CLC to Reforming Legal Services: Regulation beyond the echo chambers

11 June, 2020

The Council for Licensed Conveyancers (CLC) has responded to the publication today of an independent review of legal regulation, Reforming Legal Services: Regulation beyond the echo chambers, by Professor Stephen Mayson, Honorary Professor of Law at UCL. Sheila Kumar, Chief Executive of CLC says: “The CLC has sought to engage constructively with Professor Mayson. “Regulation [Read more]

Clearer and better for all: CLC seeks approval for revised accounts code

22 May, 2020

A revised accounts code that expressly allows firms regulated by the Council for Licensed Conveyancers (CLC) to use third-party managed accounts (TPMAs), and deal more easily with aged balances up to £50, have been submitted this week to the Legal Services Board. The new rules contain simpler, more targeted requirements to make the code easier [Read more]

Covid-19 Industry guide to supporting a safe home moving process released today

13 May, 2020

Re-Opening the Home Moving Market Safely May 2020 A cross industry guide to re-opening the housing market, enabling people to move safely has been published today. The collaborative industry guide sets out in detail how home moves can take place while still fully complying with social distancing measures and Public Health guidance. “Re-Opening the Home [Read more]

first direct electronic COT (e-COT)

13 May, 2020

first direct are launching an electronic Certificate of Title from 11am 18 May 2020, providing a simpler and faster end user service. The new e-COT will be available for England& Wales and Scottish purchase cases. The e-COT will be available on the first direct public website: firstdirect.com/legal-instructions When selecting the link for the e-COT it [Read more]

Potential changes to social distancing guidance during Covid-19: An update from the CLC

11 May, 2020

Over the last few days, the UK residential property industry, including the CLC,  have been working collaboratively and engaging with MHCLG to develop cross-industry Coronavirus (Covid-19) guidance for professionals in ensuring a safe home moving process, whilst maintaining social distancing. Following the Prime Minister’s statement last night, we expect more detailed guidance for businesses to [Read more]

Fletcher Longstaff (In administration)

7 May, 2020

The CLC Regulated Practice Fletcher Longstaff has this week been placed into administration. If you have a live file with Fletcher Longstaff you should have been contacted by them to provide your authority to transfer your file to the practice of Taylor Rose TTKW in Peterborough, or another firm of your choosing.  If you have [Read more]

Potential money laundering risks arising from the COVID-19 pandemic

6 May, 2020

The Financial Action Task Force (FATF) has published a report on COVID-19 related money laundering and terrorist financing risks and policy responses across its member states. It notes that at present, most risks relate to the offences that generate criminal proceeds, and specific ML/TF typologies are in the early stages of being identified. However, you [Read more]

CLC ID and Verification Guidance Note

29 April, 2020

To support CLC Practices in carrying out client due diligence while they are not able to meet clients in person and view physical identify documents we have produced a guidance note on using digital ID&V methods that provide Practices with robust assurance that a client is who they claim to be. This Guidance Note summarises [Read more]

CLC Telephones – 29 April 2020

29 April, 2020

There has been intermittent issues with calls to CLC telephone numbers. This should now have been fixed, but if you have issues getting through please do re-try.

COVID-19: Preventing Money Laundering/Terrorist Financing in Legal Practices

14 April, 2020

The Legal Sector Affinity Group (LSAG) has issued advice for legal practices on preventing money laundering and terrorist financing during the COVID-19 pandemic. CLC Practices should refer to the advice for guidance on the risks arising, identification and verification (including digital identification services) and other issues including training requirements and policies, controls, and procedures. The [Read more]

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