SRA Handbook

Purpose of the overseas accounts provisions

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Version 12 of the Handbook was published on 31/10/2014. 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.