Wednesday 02 Dec 2015 @ 16:19
Solicitors Regulation Authority
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SRA responds to Government proposals on the legal services market

SRA Chief Executive Paul Philip said:

"We have been working with the LSB and other regulators to look at potential amendments to the Legal Services Act, as part of our shared commitment to simplifying regulation and freeing up firms to do business while making sure that proper public protection is in place.

"The announcement on ABS licensing is positive progress. So far, we have licensed 443 ABSs and want to do more to streamline our processes and encourage new entrants into what is a fast changing market. This forms part of a wider programme of work reforming the way that we work so our regulatory model is fit for the future.

"On the proposal to consult on making legal service regulators independent from their representative bodies, it is in the public interest that regulation is independent of the profession. We welcome the opportunity to discuss the detail in due course as part of the formal consultation in Spring."

Channel website: http://www.sra.org.uk/

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