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Date: 2020

Home » Archives for 2020

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Government consults on plans to strengthen the regulation of architects. Published December 2020

29/12/2020

                  Plans to regularly check architects’ competence have been announced by the government.  The proposals, set out in a consultation announced by Housing Minister Christopher Pincher, will allow the Architects Registration Board…read more

Petition to Government to block Japanese knotweed loophole. Published December 2020

21/12/2020

                  Property developers can sell new homes without disclosing the risk of Japanese knotweed, putting buyers at risk of significant removal costs says Manchester law firm, Graham Coffey & Co.  The firm…read more

Law firm fined for ‘acting as a bank’. Published December 2020.

21/12/2020

                    An international law firm has been fined £21,000 by the Solicitors Regulation Authority (SRA) for holding millions of pounds in its client account for cases in which it was not…read more

FRC ‘operational separation’ of audit practices. Published December 2020

18/12/2020

                    The Financial Reporting Council (FRC) ordered the ‘Big Four’ audit firms to implement ‘operational separation’ of their audit practices by June 2024.  The move followed high profile audit failures at…read more

HMCTS moving forward with digital courts data collection. Published December 2020

07/12/2020

                  HM Courts and Tribunal Service (HMCTS) is moving forward with data collection recommendations made by researchers, despite claims that progress is ‘disappointingly slow’.  In a recently released paper, HMCTS has set…read more

RICS updates COVID-19 valuation guidance. Published November 2020

30/11/2020

                  Uncertainty about property valuations during the COVID-19 pandemic has led the Royal Institution of Chartered Surveyors (RICS) to reissue its valuation guidance to firms.  Originally issued as a ‘valuation practice alert’…read more

Court rules accountant had no duty of care to shareholder. Published November 2020

27/11/2020

                      A property-owner has failed in her bid to have the demerger of the family business overturned after she accused the company’s accountant of breach of fiduciary duty and professional…read more

Carillion fails in bid to inspect KPMG’s audit papers. Published November 2020

18/11/2020

                      The liquidator of former construction giant Carillion, which spectacularly collapsed in 2018, has failed to persuade the court to order KPMG to disclose its audit working papers. After Carillion…read more

Insurers must be allowed to cancel PII policies for non-payment says IUA. Published November 2020

16/11/2020

                  The International Underwriting Association (IUA) has warned the legal profession that professional indemnity insurance may become unsustainable if insurers are not allowed to cancel policies for the non-payment of premiums. In…read more

Deliberate concealment restarts the clock on limitation defence. Published November 2020

06/11/2020

                  Deliberately hiding incriminating facts can overturn the original position on a limitation defence.  If the defendant deliberately hides relevant facts, the limitation clock only starts once the concealment is revealed the…read more

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