Barclays to law firms: no more panel reviews

Bank to rate advisers with new 'active relationship management' system following final official review

Barclays is set to begin its last-ever conventional panel review, as it aims to move away from “resetting the clock every two years” with a new system that will see external advisers assessed on an ongoing basis.

The bank, which handed two-year panel appointments to 140 firms in its last review in July 2016, will carry out its last official refresh in the coming months, after which it will move to a new system it describes as “active relationship management”.

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