CMA legal services market study – Consultation period extended
The Faculty Office is encouraged by the response to the Master of the Faculties consultation on the proposals contained in his action plan to deliver greater transparency for consumers. However, following a request from key stakeholders, we have decided to extend the consultation period for a further two weeks until close of business on Thursday 14 December 2017. The Consultation Document may be viewed here:Master of the Faculties CMA Consultation
CMA legal services market study – Consultation
The Master of the Faculties, in common with the other frontline regulators in the legal sector, has launched a consultation on the proposals contained in his action plan to deliver greater transparency for consumers. This represents the next key stage in the implementation of the recommendations in the Competition and Markets Authority’s (CMA) legal services market study report. The Consultation Document may be viewed here:Master of the Faculties CMA Consultation
This consultation sets out the Master of the Faculties approach to delivering the CMA recommendations. We welcome responses from members of our regulated community and other stakeholders including consumers of legal services, consumer organisations and any other interested parties.
The Consultation will close at 5pm on Thursday 30th November 2017
Amended Anti-Money Laundering Guidance for the Legal Sector
The AML Legal Supervisors have agreed draft Legal Sector Anti-Money Laundering Guidance: Draft AML Guidance taking account of the changes introduced by the Money Laundering Regulations 2017 (http://www.legislation.gov.uk/uksi/2017/692/made) which came into force on 26 June 2017. It is marked draft because it is subject to approval by HM Treasury which is expected later this year, and so may be subject to change. Once it has been approved by HM Treasury, the Guidance will be published in its final form.
The annual Practising Certificate Renewal forms have been posted out to all notaries. In addition to the renewal form, your completed application form will also require a CPE training record: CPE Training Record; and a completed Diversity Questionnaire: Diversity Questionnaire. Please accept our apologies if either of these documents were omitted from your renewal pack.
Competition and Markets Authority’s legal services market study.
The Master of the Faculties, in common with the other frontline regulators in the legal sector, has today published his action plan to deliver greater transparency for consumers. This represents a key stage in the implementation of the recommendations in the CMA’s legal services market study report. The action plan may be viewed here:Master of the Faculties CMA Action Plan
The Faculty Office continues to collaborate with the other regulators via the Remedies Programme Implementation Group in order to maintain progress on this important issue.
The Legal Services Board will, in keeping with the CMA recommendations directed to it, assess all the action plans over the summer and continue to monitor progress on these reforms.
The Faculty Office has launched a Consumer Survey which is intended to help us better understand the needs of the users (consumers) of notarial services in England and Wales and to help us to develop policies and guidance to assist those we regulate to provide excellent service to consumers. If you have recently used the services of a notary public, please take a few moments to complete the survey. Create your own user feedback survey
The Notaries Society Conference was held in Cardiff on Friday 23rd September which was attended by the Master and members of the Faculty Office. The Master’s annual address to the Society can be read here:
Master’s Address to The Notaries Society Annual Conference 2016
On Saturday 17th September, many of those who successfully passed year two of the Notarial Practice Course at University College London attended a ceremony and reception at UCL to mark their ‘graduation’. Many have already gone on to apply to be admitted as Notaries Public and have commenced practise. Graduation Photograph
‘Find a notary’ search engine on the European e-Justice Portal: The Faculty Office is pleased to announce its participation in the ‘Find a notary’ search engine on the European e-Justice Portal. You can now search for details of notaries in England & Wales on the European ‘Find a notary’ search, alongside the other participating countries. The Faculty Office gratefully acknowledges the financial support from the Notaries Society and the Society of Scrivener Notaries, which has made this project possible.
The Faculty Office provides a search facility on this website to find details of the notaries it regulates in England & Wales, including a postcode search: ‘Find a notary’.
The European e-Justice Portal is conceived by the European Commission as a future electronic one-stop-shop in the area of justice. It provides information on justice systems and improving access to justice throughout the European Union, in 23 languages. You can read an overview about some of the main legal professions in the England and Wales jurisdiction of the United Kingdom. It includes information about judges, prosecutors and different types of lawyers: Legal professions – England and Wales.
2017 Open Day for the Notarial Practice Course: An Open Day for the Notarial Practice Course (run by the Faculty of Laws, University College London) takes place on Friday 10 February 2017. Booking details and further information can be found here: www.laws.ucl.ac.uk/event/notarial-practice-course-open-day-2016.
General information about the UCL Course, together with video presentations recorded at the 2016 Open Day, can be found on the UCL Faculty of Laws website: www.laws.ucl.ac.uk/study/continuing-professional-development/notarial-practice-course. Please also check our pages on qualification as a Notary, as well as two useful leaflets provided by the Notaries Society, intended for law graduates and for legal practitioners:
Becoming a Notary – An alternative legal career: A guide for law graduates
Becoming a Notary – A complementary legal career: A guide for legal practitioners