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The use of fixed price offers should be considered carefully.

FATCA applies to any financial institution that pays money to a US taxpayer anywhere in the world.

The form in which a solicitor presents a business account is a matter for the solicitor's personal preference but if the person liable to pay requires details, the solicitor must give a narrative or summary sufficient to indicate the nature and the extent of the work done.

This guidance applies equally to solicitors acting as estate agents as well as solicitors acting in the conveyancing.

Guidance on conflict of interest issues in relation to guarantees.

Outsourcing of (1) business operational functions such as HR, payroll and Cashroom and (2) aspects of legal service provision such as legal research and document production

Referral of clients for financial advice from 1 January 2013

The provisions that were in place in the Coronavirus (Scotland) (No2) Act 2020 Schedule 4, part 7 have now been incorporated into the Requirements of Writing (Scotland) Act 1995.

Liability for Information Contained in Property Questionnaire Solicitors should make clear to selling clients completing such questionnaires that responsibility for the accuracy and truthfulness of those questionnaires rests with the client.

The recent slow down in the UK property market has exposed a rise in mortgage fraud by organised criminals and the potential vulnerability of professionals to be exploited by organised crime syndicates.

The following guidance constitutes an amplification of the standard of practice that the Society considers essential for the compliance with the rules of professional conduct when undertaking immigration, nationality and asylum work

This rule 2 makes provision for the carrying on by practice units of incidental financial business.

There are two Incidental Financial Business Forms

An individual solicitor or firm of solicitors can undertake certain regulated activities and thereby be exempt from the requirement to be authorised by the FSA if that solicitor/firm is licensed by the Society under Part XX of the Financial Services and Markets Act 2000.

Application for Recognition as an Incorporated Practice

Subject to the provisions of rule 5, you may trade as a body corporate in terms of section 34(1A) of the 1980 Act provided

Advice and Information on Applying for Recognition as an Incorporated Practice

Guidance on incorporated practice rules at D5

Outsourcers should give independent advice

You must give independent advice free from external influences or personal interests which are inconsistent with these standards.

Subject to rules 8.3.3 and 8.3.4, you may take industrial action.

This guidance is designed as a reminder of the interlocking framework of rules that apply when advising a client on the choice of representation where appearance is required in the superior courts.

Unless agreed otherwise and set out in Terms of Business or a separate letter which provides either that no interest will be earned because of current bank interest rates, or that some of the interest will be retained by the practice unit, then the matter is covered by Rule B6.10 (the Accounts etc rules).

You must act in the best interests of your clients subject to preserving your independence and complying with the law, these rules and the principles of good professional conduct.