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The Institute of Chartered Accountants in England and Wales (ICAEW) approved regulator and licensing authority application

Reference number Application Status (23 June 2016) Decision Period Documents Decision
2016/ICAEW ICAEW applications to become approved regulator and licensing authority for the reserved legal activities of conduct of litigation; rights of audience; and reserved instrument activities relating to the service area of taxation; and the reserved legal activities of notarial services and oaths of administration The LSB has now made its decision and has sent the recommendation to the Lord Chancellor:

Recommendation to the Lord Chancellor
20 July 2016 to 19 July 2017

Schedule 4, 15(2) and Schedule 10, 13(1) of the Legal Services Act requires that the LSB must give a decision on an application being made to the Board. This can be extended to no more than 16 months (Schedule 4, 15(4) and Schedule 10, 13(4)).
Synopsis

Application

Annexes 1-33

ICAEW Letter 20 December 2016

The letter notifies the LSB of changes to the proposed ICAEW Legal Services Regulations in respect of authorisation of litigation and rights of audience, as well as technical amendments in respect of the First-tier-Tribunal.  There are also changes to the Compensation Scheme regulations.  The revised regulations are provided below.

Amended Legal Services Regulations

Amended Legal Services Compensation Scheme Regulations

Further information received:

Correspondence from The Notaries Society and The Society of Scrivener Notaries

Mandatory consultation:

Advice from the Legal Services Consumer Panel

Advice from the Competition and Markets Authority

Advice from the Lord Chief Justice

ICAEW representations in response to advice
The LSB is granting the applications.

For more information please see our Decision Notice and Annex 3: Regulatory Arrangements