Solicitors Regulation Authority
The UK's Solicitors Regulation Authority found that the firm had breached the rules by providing a client with a banking facility.
August 04, 2020 at 04:17 AM
1 minute read
Reporter
The Solicitors Regulation Authority (SRA) has issued transatlantic law firm Womble Bond Dickinson with a rebuke, after an investigation found it had provided a banking facility to one of its clients, in breach of the regulator’s accounting rules.
The U.K. regulator found that Womble had held funds relating to a commercial scheme on behalf of one of its corporate clients, according to a notice published by the SRA.
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