SRA Accounts Rules Update 2026

This webinar will discuss the current position with regard to client funds, and the Accounts Rules more generally, especially in the aftermath of the Axiom Ince and other scandals.

The SRA may have resiled from their suggestion that lawyers be prohibited from operating client accounts (and having to open a third party managed fund instead) but their focus on the offering of banking facilities, residual balances and, in particular, the extent to which firms rely on the earning of interest on client account balances, remains as acute as ever.

This For Legal webinar provides you with an interactive 120-minute session with Trevor Hellawell, who has shared his knowledge of the legal profession for over 25 years.

Who This Is For:

This live webinar is perfect for all professionals within the legal sector, regardless of experience.

Level of Expertise:

This webinar is suitable for all levels.

CPD Hours:

This webinar provides you with 2 hours of learning.

Attendees will receive a CPD certificate upon completion of this course.

Learning Objectives

• The fundamental principles
• An outline of the current provisions
• The background to the SRA’s approach to enforcement
• Particular areas of focus
  • What is and is not client money
  • The obligations relating to residual balances
  • The banking facilities restriction
  • Accountants’ reports
  • Interest on client funds – the brouhaha continues
• Recent SRA consultations