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Regulatory performance reports

We hold the legal services regulators to account for their performance through the operation of our regulatory performance assessment framework.

Where we undertake a review of performance, we will collate and analyse the information generated through the review. This will form the basis of a report providing an assessment of performance. The report will highlight areas where a regulator's performance has met or has not met the standard(s). Reports will not routinely include all data or evidence gathered on which our assessment is based.

We may also from time to time publish a thematic report which highlights the general learning and good practice we have identified across our regulatory performance work.

Performance assessment reports and thematic reports will be published on this page.

2015/16 Regulatory Standards reports and action plans

In May 2016 we published our Regulatory Standards Thematic report and the individual performance reports for each of the regulators. Through this exercise we found:

  • Substantive progress had been made by the regulators since our initial Regulatory Standards exercise in 2012/13.
  • Whilst there are variations in how the regulators carry out their functions we considered that regulators had:
  • more outcomes-focused approaches to regulation
  • risk assessment and risk-based approaches to supervision (although they vary in degrees of sophistication)
  • maintained, and in some cases, improved their performance against the enforcement standard
  • made positive changes to their capability and capacity so that they are better able to deliver the regulatory objectives
  • a better understanding of how they are performing against the standards. An indication that the regulators had an improved understanding of their strengths and weaknesses.
  • There remained scope for improvement and we worked with the regulators to develop action plans to follow up on the areas we identified for improvement.

In June 2017 we reported on the progress made by each regulator against their action plans. Overall, significant progress had been made by the regulators in implementing the improvements set out in their action plans.

Regulatory Standards reports (May 2016) Action plans Progress report
(July 2017)
Regulatory Standards Thematic Report    
Bar Standards Board Action plan Progress report
CILEx Regulation Action plan Progress report
Council for Licensed Conveyancers Action plan Progress report
Cost Lawyers Standards Board Action plan Progress report
Institute of Chartered Accountants in England and Wales Action plan Progress report
Intellectual Property Regulation Board Action plan Progress report
Faculty Office Action plan Progress report
Solicitors Regulation Authority Action plan Progress report

All regulators had a number of ongoing actions and we continue to monitor progress against these under our revised regulatory performance assessment framework.

2012/13 Regulatory Standards reports and 2014/15 update report

In these reports we reported on the regulators’ progress against the regulatory standards since their first self-assessments were completed in 2012/13 .The reports are available in the table below.

Regulatory Standards reports (2012/13) Update report (2014/15)
Smaller regulators’ report (Cost Lawyers Standards Board, ILEX Professional Standards (now CILEx Regulation), Intellectual Property Regulation Board, Council for Licensed Conveyancers and Faculty Office) Update Report
Bar Standards Board's report Update Report
Solicitors Regulation Authority's report Update Report

Further information

For further information, please contact Tom Peplow