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14 October 2019
Issue: 7859 / Categories: Legal News , Regulatory , Banking , Fraud , Criminal , Profession , Legal services
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Beware sanctions-busting clients

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Solicitors have until the end of this week to comply with financial sanctions rules on frozen assets.

HM Treasury has given anyone who is holding frozen assets until 11 October to submit a report to the Office of Financial Sanctions Implementation (OFSI). The Solicitors Regulation Authority (SRA) this week urged solicitors to check the latest HM Treasury Consolidated List of asset freeze targets to make sure they are not holding monies belonging to a client that is subject to financial sanctions.

Juliet Oliver, SRA General Counsel, said: ‘Solicitors are rightly being asked to make sure they are not helping anyone with dubious funding streams.

‘This risk exists for every single solicitor and law firm, whether conveyancing on the high street or handling global transactions. We would urge all of you to look at the review and, if a client is listed and you hold any of their assets, make a report as necessary.’

Issue: 7859 / Categories: Legal News , Regulatory , Banking , Fraud , Criminal , Profession , Legal services
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Firm expands with new Grimsby office to serve North East Lincolnshire

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NEWS
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NLJ this week: Surrogacy children caught in succession gap
A High Court ruling involving the Longleat estate has exposed the fault line between modern family building and historic trust drafting. Writing in NLJ this week, Charlotte Coyle, director and family law expert at Freeths, examines Cator v Thynn [2026] EWHC 209 (Ch), where trustees sought approval to modernise trusts that retain pre-1970 definitions of ‘child’, ‘grandchild’ and ‘issue’
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Fresh proposals to criminalise ‘nudification’ apps, prioritise cyberflashing and non-consensual intimate images, and even ban under-16s from social media have reignited debate over whether the Online Safety Act 2023 (OSA 2023) is fit for purpose. Writing in NLJ this week, Alexander Brown, head of technology, media and telecommunications, and Alexandra Webster, managing associate, Simmons & Simmons, caution against reactive law-making that could undermine the Act’s ‘risk-based and outcomes-focused’ design
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Recent allegations surrounding Peter Mandelson and Andrew Mountbatten-Windsor have reignited scrutiny of the ancient common law offence of misconduct in public office. Writing in NLJ this week, Simon Parsons, teaching fellow at Bath Spa University, asks whether their conduct could clear a notoriously high legal hurdle
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A Court of Appeal ruling has drawn a firm line under party autonomy in arbitration. Writing in NLJ this week, Masood Ahmed, associate professor at the University of Leicester, analyses Gluck v Endzweig [2026] EWCA Civ 145, where a clause allowing arbitrators to amend an award ‘at any time’ was held incompatible with the Arbitration Act 1996
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