Frequently Asked Questions (FAQ) on negative interest charges

19/03/2021

A new FAQ document is available regarding recently-introduced charges on client accounts.

FAQ interest charges

Guidance and practical account management information

The document includes links to current Law Society guidance, information on dealing with banks that apply the charge, and compliance with the Solicitors Accounts Regulations 2014.

Further queries

If you have a question not addressed by this document, please contact the Financial Regulation Section of the Law Society.