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  7. Purpose of the overseas accounts provisions

The SRA Handbook is no longer in effect. It was replaced by the SRA Standards and Regulations on 25 November 2019.

SRA Handbook

Purpose of the overseas accounts provisions

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Version 10 of the Handbook was published on 01/07/2014. For more information, please click 'History' Above

Rule 47: Purpose of the overseas accounts provisions

47.1

The purpose of applying different accounts provisions to practice from an office outside England and Wales is to ensure similar protection for client money (overseas) but by way of rules which are more adaptable to conditions in other jurisdictions.

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