Interest on Lawyers' Client Accounts Scheme
This consultation sets out the government’s proposals to raise funds through an Interest on Lawyers' Client Accounts Scheme in England and Wales.
Detail
The government welcomes views from legal service providers and practitioners, regulators, professional bodies, clients and consumer groups, the banking sector and companies providing client money accounts or third party managed accounts for legal firms, actors in the advice sector, and all those with an interest in the proposal.
Documents
Correction slipapplication/pdfInterest on Lawyers' Client Accounts SchemeInterest on Lawyers' Client Accounts Scheme (pdf)application/pdfResearch to explore law firms’ use of interest on general (undesignated) client accountsapplication/pdfInterest on Lawyers' Client Accounts Scheme (Welsh version)application/pdf