Breaking: SRA sanctioned over Axiom Ince failures

Axiom Ince crackdown - SRA directed to take action - Today's Family Lawyer

The Solicitors Regulation Authority has been directed to take action to improve its regulatory oversight of law firms following the failure of Axiom Ince

Axiom Ince crackdown - SRA directed to take action | Today's Wills and Probate

The Solicitors Regulation Authority (SRA) has been directed to take action by the Legal Services Board (LSB) in the wake of the independent review into the failure of Axiom Ince.  In response to the report, in which the SRA was criticised for regulatory failings in the run up to the collapse of Axion Ince, it was felt ‘formal action’ was needed with the the Lord Chancellor’s advice noting the collapse of the firm “…has had a significant impact o…

Axiom Ince crackdown - SRA directed to take action | Today's Conveyancer

The Solicitors Regulation Authority has been directed to take action to improve its regulatory oversight of law firms following the failure of Axiom Ince

Super-regulator hits SRA with ‘binding directions’ over Axiom Ince handling - Legal Cheek

Avoid repeat regulatory failures, says LSB The legal super-regulator has issued the Solicitors Regulation Authority (SRA) with binding directions over its handling of the Axiom Ince scandal, which saw a staggering £60 million vanish from the firm’s client account. The Legal Services Board (LSB) today announced it had taken action to prevent a “repeat of the regulatory failures” and to ensure the SRA more effectively identifies and responds to ri…

Breaking: SRA sanctioned over Axiom Ince failures

LSB issues 'binding directions' designed to ensure regulator identifies and responds to risks more effectively.