ACCA backs SRA crackdown on solicitors who have clients’ money
The Association of Chartered Accountants (ACCA) has backed proposals by the Solicitors Regulation Authority (SRA) aimed at strengthening oversight of solicitors handling clients’ money. In response to the SRA’s consultation, the accounting body said it supports the move to reinstate the requirement for mandatory reporting by accountants to the SRA, whether qualified or not. The…