A list of the many acronyms we come across every day. We’ve probably missed lots:
- ABS – Alternative Business Structure
- ATE – After the Event (insurance)
- BSB – Bar Standards Board
- BTE – Before the Event (insurance)
- CCBE – Council of the Bars and Law Societies of Europe
- CDD – Customer Due Diligence
- CILEx – Chartered Institute of Legal Executives
- CLC – Council for Licensed Conveyancers
- CML – Council of Mortgage Lenders
- COFA – Compliance Officer for Finance and Administration
- COLP – Compliance Officer for Legal Practice
- CPD – Continuing Professional Development
- DPA – Data Protection Act
- FCA – Financial Conduct Authority
- HOFA – Head of Finance and Administration
- HOLP – Head of Legal Practice
- IPS – ILEX Professional Standards (now CILEx Regulation)
- IPW – Institute of Professional Will Writers
- LDP – Legal Disciplinary Practice
- LLP – Limited Liability Partnership
- LeO – Legal Ombudsman
- LSA – Legal Services Act
- LSB – Legal Services Board
- MDP – Multi-Disciplinary Practice
- MLRO – Money Laundering Reporting Officer
- OFR – Outcomes Focused Regulation
- PEP – Politically Exposed Person
- PII – Professional Indemnity Insurance
- REL’s – Registered European Lawyers
- RFL’s – Registered Foreign Lawyers
- SAR – SRA Accounts Rules
- SDLT – Stamp Duty land Tax
- SDT – Solicitors Disciplinary Tribunal
- SQM – Specialist Quality Mark
- SRA – Solicitors Regulation Authority
- STEP – Society for Trust and Estate Practitioners
- VAT – Value Added Tax
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