Monk and Turner Solicitors LLP
80a Ashfield Street, Unit 2, London , E1 2BJ
Recognised body
499566

Decision - Fined

Outcome: Fine

Outcome date: 14 January 2025

Published date: 4 February 2025

Firm details

Firm or organisation at date of publication and at time of matters giving rise to outcome

Name: Monk and Turner Solicitors LLP

Address(es): 80a Ashfield Street, Unit 2, London, E1 2BJ

Firm ID: 499566

Outcome details

This outcome was reached by SRA decision.

Decision details

Monk and Turner Solicitors LLP was directed to pay a fixed financial penalty of £750 and costs of £150. 

Reasons/basis

Monk and Turner Solicitors LLP is a recognised body whose office is at 80a Ashfield Street, Unit 2, London, E1 2BJ.

Firms must at all times have in place a compliance officer for legal practice (COLP) and a compliance officer for finance and administration (COFA).

A firm must designate a person as its COLP and a person as its COFA and the SRA must approve that person before they commence their role.

The COLP and COFA of a firm have specific responsibility for ensuring a firm, its managers and employees comply with the SRA's regulatory requirements. They are also responsible for recording any breaches and reporting those to the SRA, where necessary.

A firm must promptly notify the SRA if it becomes aware of any material changes to information previously provided to the SRA, by it or on its behalf, including to its compliance officers.

The firm failed to:

• promptly notify the SRA of a material change to the information it had previously provided to the SRA about its COLP and
• promptly notify the SRA of a material change to the information it had previously provided to the SRA about its COFA

in breach of paragraph 3.8(a) of the Code of Conduct for Firms.

The firm failed to remedy this breach after being given notice and reasonable time in which to do so.

The firm was directed to pay a fixed financial penalty of £750 and costs of £150.