Text for CQS CPMS Policy
CQS Policy: Client Account Interest: Fair Treatment and Transparency
Purchase this policy: Client care Policy
- Change date
- 16/09/2026
- Word count
- 284
- Deployment measure
- 9/10
Rationale
The SRA’s recent position has renewed regulatory attention on whether firms deal fairly and transparently with interest earned on client money. Firms should consider a documented and consistently applied method for calculating interest, informing clients of that method and recording any alternative arrangement made under Rule 7.2. [SRA Accounts Rules](https://www.sra.org.uk/solicitors/standards-regulations/accounts-rules/) and [SRA 2026 published position](https://guidance.sra.org.uk/sra/consultations/consultation-responses/response-moj-consultation/).
The Firm shall account to a client or third party for a fair sum of interest on client money held on their behalf in accordance with Rule 7 of the
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