Regulation
Wilsons is authorised and regulated by the Solicitors' Regulation Authority under Registration number 00466564.
Insurance
Wilsons has qualifying professional indemnity insurance with Chartis Insurance UK Limited under policy number QN017612. The relevant contact details are: Lawsouth Claims Handler, Chartis City Claims Unit, Chartis Building, 58 Fenchurch Street, London EC3M 4AB.
SRA Accounts Rules 2011 Rules 22 and 23
Where Wilsons Solicitors LLP holds money in a general client account on behalf of a client Wilsons will account to the client for interest on any monies held in excess of £999. The rate of interest payable will be the same rate that Barclays Bank Plc pays on its Client Premium Accounts from time to time. Interest will be payable from the time that the client monies have been held on general client account for the minimum period specified in the table below to the date a cheque is drawn paying out monies (or if paid out by bank transfer the date the monies are debited from the account.)
| Amount Held | Number of days from original credit to the General Client Account |
|---|---|
| £1,000 - £1,999 | 28 days |
| £2,000 - £9,999 | 14 days |
| £10,000 – unlimited | 7 days |
In all instances where Wilsons considers it more advantageous for a client for monies to be held on a Designated Deposit Account Wilsons will take appropriate steps to transfer the clients’ funds to an account.
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