What does Recognised body mean? A recognised body is an SRA‑authorised law firm entity that may carry on reserved legal activities; in practice this is usually a company or LLP owned and managed by authorised lawyers and not an alternative business structure (ABS). It is a statutory concept used in England and Wales: recognition is granted by the Solicitors Regulation Authority under section 9 of the Administration of Justice Act 1985, evidenced by a certificate of recognition and regulated through the SRA Authorisation of Firms Rules and the SRA Standards and Regulations. Key features include: eligibility and control requirements (generally lawyer ownership/management), appointment of a COLP...
Read More
A recognised investment exchange (RIE) is a UK Recognised body designated under Part XVIII of the Financial Services and Markets Act 2000 (FSMA 2000), having received a recognition order from the Financial Conduct Authority (FCA). For the general prohibition in FSMA 2000, s 19, an RIE qualifies as an exempt person, so it requires no permission from the FCA or the PRA (Prudential Regulation Authority) under FSMA 2000, Pt 4A to undertake regulated activities as part of its business as an investment exchange, or for, or in relation to, the provision of clearing services in the UK. You can find examples of RIEs on the Financial Services Register, such as:
Rules for RIEs sit in the Recognised Investment Exchanges (REC) specialist sourcebook of the FCA Handbook. These REC provisions apply to UK RIEs...
When evaluating a general damages claim, the practitioner ought initially to refer to the Judicial College Guidelines (JCG)...
This Practice Note This Practice Note reviews mechanisms used in settling litigation. A Tomlin order consists of a consent order paired with a schedule. It operates to stay proceedings on terms that have been agreed. The provisions contained in the schedule may remain confidential. This Practice Note describes the scope of confidentiality attaching to the schedule and sets out how it differs from a standard consent order. Sample wording for a Tomlin order is included, alongside links to precedents, as well as guidance on court approval. It also addresses varying, setting aside and enforcing a Tomlin order, including the considerations the court will take into account when handling applications for each. Further guidance is provided on interpreting and applying the relevant provisions of the CPR; however, some courts and divisions impose very specific requirements for both drafting and approval, and for approaching the schedule and confidentiality issues. Accordingly, you must consider the particular rules and court guide provisions in the forum where your claim is proceeding when drawing up the Tomlin order...
Date [ date ] Parties [ name of Landlord ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Landlord) [ name of Tenant ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Tenant) [ [ name of Guarantor ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Guarantor) ] [ [ name of Mortgagee ] [ of OR incorporated in England and Wales (company registration number [ number ]) with its registered office at ] [ address ] (Mortgagee) ] Definitions Within this Deed, the terms below shall be interpreted as follows: [ Annual Rent • the annual sum reserved under the Lease; ] [ Insurance Rent • the Tenant’s share of the Landlord’s costs of insuring the Property (as set out in the Lease); ] Lease • the lease of the Property dated [ date ], entered into between (1) [ the Landlord OR [ name ...
I, [ name ], of [ address ], solemnly and sincerely state that: [ Matters to be verified, set out in numbered paragraphs ] I make this solemn statement in good conscience, believing it to be true, and pursuant to the provisions of the Statutory Declarations Act 1835. DECLARED at [ details ] this [ day ] day of [ month and year ] Before me ................................................................................ [ signature of the person before whom the declaration is made ] A [ commissioner for oaths OR [ solicitor OR [ insert other qualification ] ] authorised to administer oaths ]...