Text for Terms & Conditions
T's & C's: The "Dual Regulation" Disclosure
- Change date
- 10/03/2026
- Word count
- 60
- Deployment measure
- 8/10
Rationale
Since firms now effectively answer to two bodies (the SRA for conduct and the FCA for AML), your confidentiality clause needs a "carve-out" for FCA inspections.
As a regulated firm, our files and AML processes are subject to inspection by the Solicitors Regulation Authority and the Financial Conduct Authority (as the
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