New start date for client identification and verification rules
October 9, 2008
At their October meeting, the Benchers approved an implementation date of December 31, 2008 for the Law Society’s new client identification and verification rules.
Originally slated to take effect November 1, the Benchers have delayed implementation of the rules to allow for consideration of suggestions that have been received from members and others.
The proposed rules, recommended by the Act and Rules Subcommittee, are based on a model rule prepared by the Federation of Law Societies of Canada as part of the legal profession’s commitment to the fight against money laundering. These rules will be the basis for the requirements that will be expected of all lawyers after December 31, subject to any minor adjustments that may be recommended by the Subcommittee.
The proposed rules, general information and frequently asked questions are available online. See the October edition of the Benchers' Bulletin for additional resources to help you implement the rules.
The Federation of Law Societies of Canada has released a consultation paper on the Canadian common law degree.
Authored by the Task Force on the Canadian Common Law Degree, the paper explores a number of issues related to legal education and approval of common law degrees for the purpose of entrance into law society bar admission and licensing programs. The consultation paper is available for download here (PDF: 2.4 MB).
The profession is encouraged to review the consultation paper and provide the Law Society with its views, which will greatly assist in preparation of a formal response to the Federation. Please forward your written comments no later than November 3, 2008 to:
Law Society of British Columbia
845 Cambie Street
Vancouver, BC V6B 4Z9