News

The Legal Services Board has today published its response following its consultation on the internal governance rules for the legal services regulators.  This document includes an analysis of submissions received together with its decision on its approach to the internal governance rules going forward. Neil Buckley, Chief Executive of the Legal Services Board said: “Independent regulation ensures that consumers, providers, investors…

Read LSB publishes internal governance rules response and decision document

LSB directs the exemption from the requirement for LSB approval of alterations to CLC’s regulations in order to implement the requirements of the Insurance Distribution Directive.

Read [Exemption Direction] Exemption Direction 126 for CLC amendments to regulations in order to implement the requirements of the Insurance Distribution Directive

The Legal Services Board has granted an application from the SRA to approve the regulatory arrangements regarding the Insurance Distribution Directive

Read [Decision notice] Solicitors Regulation Authority (SRA) application for the approval of changes to the regulatory arrangements regarding the Insurance Distribution Directive

LSB directs the exemption from the requirement for LSB approval of alterations to ACCA’s regulations in order to implement the requirements of the Insurance Distribution Directive.

Read [Exemption Direction] Exemption Direction 125 for ACCA amendments to regulations in order to implement the requirements of the Insurance Distribution Directive

The Lord Chancellor, in consultation with the Lord Chief Justice, has confirmed that Dr Helen Phillips has been appointed as Chair of Legal Services Board.

Read Lord Chancellor confirms Dr Helen Phillips as Chair of the LSB

The Legal Services Board has granted an application from CILEx Regulation to approve the regulatory arrangements in respect of its Professional Indemnity Insurance (PII) Minimum Wording

Read [Decision notice] CILEx Regulation application for approval of alterations to its regulatory arrangements in respect of its Professional Indemnity Insurance (PII) Minimum Wording

The Legal Services Board (LSB) – the independent body responsible for overseeing the regulation of legal services in England and Wales – has published its Annual Report and Accounts for the year 2017/18. The report, the tenth which the LSB has published, describes the impact that it has had in delivering the third and final year of its…

Read LSB publishes its annual report for 2017/18

The Legal Services Board has made a recommendation to the Lord Chancellor that CILEx be designated as a licensing authority for its existing reserved legal activities.

Read [Recommendation Letter and Decision notice] The Chartered Institute of Legal Executives (CILEx) Licensing Authority application

LSB directs the exemption from the requirement for LSB approval of the amendments to the rule on outsourcing to third parties and the consequential amendments to guidance.

Read [Exemption Direction] Exemption Direction 124 for BSB amendments to rules relating to GDPR

LSB directs the exemption from the amendments to the Investigation Committee Regulations, Disciplinary Committee Regulations, Appeal Committee Regulations and Fitness Committee Regulations.

Read [Exemption Direction] Exemption Direction 123 for ICAEW amendments to regulations governing conduct committees

LSB directs the exemption from the requirement for two sets of consequential corrections to the BSB Handbook following changes to definitions concerning enforcement actions.

Read [Exemption Direction] Exemption Direction 122 for BSB consequential amendments relating to definitions

The Legal Services Board (LSB) has today published its report on its investigation into the Law Society of England and Wales’ (TLS’s) arrangements for monitoring and oversight of the Solicitors Regulation Authority (SRA). After an extensive investigation we have found evidence that TLS has breached the Internal Governance Rules (IGR) set by the LSB under section 30 of…

Read LSB finds that the Law Society broke internal governance rules