Regulator criticised by the Law Society over reforms to its Accounts Rules and handbook

The Solicitors Regulation Authority (SRA) has 'strongly encouraged' the Competition and Markets Authority (CMA) to find a 'specific remedy' that pushes the government to legislate for its independence from the Law Society.

Responding to the CMA's interim report on the legal services market, the SRA supported the watchdog's view that a 'key principle should be to ensure full independence of the regulator from the providers it regulates'.

The regulator also criticised the Law Society for struggling 'to regul...

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