SSB Collapse: Independent Review Finds SRA Leadership Failings
The Solicitors Regulation Authority (SRA) failed to respond adequately to over 100 consumer reports during the SSB Group collapse, according to an independent review by the Legal Services Board (LSB).
The LSB, England and Wales' legal services oversight regulator, commissioned the review in April 2024 after the SSB Group's collapse.
- Within 12 months, two independent reviews found the SRA failed to act adequately in the SSB Group and Axiom Ince cases.
No direct quotes available in the given text.
Author's summary: SRA failed to protect consumers due to lack of leadership.
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