Legal Services Board to review regulators’ enforcement tools, including financial penalties, to ensure they are sufficient to tackle wilful and serious misconduct
The Legal Services Board (LSB) has today announced plans to review the enforcement and investigative tools available to the legal services regulators, including the Solicitors Regulation Authority (SRA). This could include increasing financial penalties available to regulators, as well as enabling regulators to proactively gather information and share intelligence to help them detect and address…