News


LSB launches internal governance rules consultation

The Legal Service Board has today published a consultation on its internal governance rules (IGR) for the legal services regulators. Neil Buckley, Chief Executive of the Legal Services Board said: “Independent regulation gives confidence to consumers, providers, investors and society as a whole that legal services work in the public interest and support the rule of law. The Legal Services…

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LSB assesses regulators CMA action plan

The Legal Service Board has published its assessments of the action plans produced by regulators in response to the final report of the Competition and Markets Authority’s (CMA) legal service market study. Our assessment is that all the action plans provide a sufficient starting point from which transparency reforms can be delivered. Regulators are collaborating…

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LSB responds to Lord Chancellor’s ICAEW decision

The Lord Chancellor has today announced that he has decided not to accept the recommendation of the Legal Services Board (LSB) that the Institute of Chartered Accountants in England and Wales’ (ICAEW) designation as an approved regulator and a licensing authority be extended to all reserved legal activities. Commenting on the review Dr Helen Phillips, Interim Chair of…

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