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Regulatory Compliance Is Vital For Any Business

regulation
Complying with the various laws and regulation specific to an industry sector or simply for the workplace in general is not always easy. Even though the majority of companies do their best to ensure that they don't fall foul to the law or break any industry standards this cannot always be guaranteed. This is why many firms now seek out a regulatory lawyer in London to help them keep on the right side of the law in the first place and to advise them if a regulation has been breached.

In the UK for instance most regulation comes in the form of environmental, personal safety and public safety issues and while few cases will be the cause of actual negligence, legal advice is often sought for mistakes and errors.

Regulations Are Not Just UK Centric

Something that many businesses fall foul of is overlooking EU law. On many occasions a business has needed a solicitor because certain EU regulations have been breached and while practices might be in line with law in the UK they are not in compliance with EU law.

This can lead to disciplinary actions and cause bureaucratic and legal headaches for the company.

Take Future Compliance Seriously

A big mistake is not thinking about the future and taking compliance issues or legal problems that might arise into consideration. For instance an accountant might never have had a complaint against them in their whole career however that isn't to say that the ACCA will not get involved in the future.

A lot of people in this profession seek accountant disciplinary legal advice on a regular basis and others perhaps seek it once to twice in their whole careers. With the rise in awareness of rights and the need to comply with more regulations than ever before, using a solicitor that can provide this is necessary.

What Areas Are Covered?

By using the services of a trained and experienced regulatory compliance solicitor you can get sound legal advice and help on a wide variety of areas.

This includes accountancy as mentioned above, data protection, environmental standards, workplace safety, VAT issues, taxi licensing, sport law and trading standards. This is just a short list to demonstrate how many areas that a regulatory compliance solicitor can cover and also shows the number of people and companies from all business sectors that often need legal advice.

Even if you don't currently have a regulatory compliance issue that isn't to say that you won't in the future. In fact, these days it is almost inevitable that each person or company will fall foul of a regulation at some point and most of the time this isn't done consciously. Regulations and laws change all the time – particularly from the EU level – and it can be difficult to keep up.

A solicitor that is experienced in regulatory compliance whether this be for accountants, environmental workers or those companies holding sensitive information can provide vital services and ensure that any legal dispute is handling in the most effective way.

To speak with a regulatory law solicitor now call 02077925649 or email info@selachii.co.uk



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MLA 2017 18 Shortlisted 2