Simpson Thacher Settles UK Compliance Investigation with £362,000 Payment

Pieter Gunst01 mins

Simpson Thacher & Bartlett has agreed to pay £362,000 to settle an investigation by the Solicitors Regulation Authority (SRA) into past compliance failures. The settlement, confirmed by the Solicitors Disciplinary Tribunal, includes a £300,000 financial penalty and an additional £62,000 to cover the SRA’s legal fees. The firm was initially referred to the tribunal following regulatory concerns regarding historical compliance shortcomings. For more details, visit the original article.