New LSB process for regulatory changes provides greater focus on regulatory objectives
The Legal Services Board (LSB) has published new Rules and Guidance for regulators applying to alter their regulatory arrangements. They provide a greater focus on the regulatory objectives and ensure regulators consider the impact of changes on regulated persons, consumers, and stakeholders. There is also a specific emphasis on diversity and inclusion. Regulators can only alter their regulatory arrangements if the LSB has approved the changes. The new Rules and Guidance reflect the LSB’s targeted and proportionate approach…
Read New LSB process for regulatory changes provides greater focus on regulatory objectives