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Regulatory Blog

9 August 2016

The Ministry of Justice consults on lightening the regulatory load for Alternative Business Structures (ABS)

On 7th July 2016 the Ministry of Justice issued a consultation on proposals to amend the Legal Services Act 2007 (the 2007 Act) in order to reduce the barriers to market entry and regulatory burdens on Alternative Business Structures (ABSs).  ABSs are regulated organisations which provide legal services and which have some form of non-lawyer involvement either at the management level or as an owner; they were first licensed to provide legal services in 2010. To meet concerns arising from the perceived risk of non-lawyer involvement, the 2007 Act imposed on these new bodies regulatory burdens and barriers to entry that were more onerous and prescriptive than those for traditional law firms. 

Katherine Tyler

2 August 2016

Press Round-Up: Regulatory and Professional Discipline. June 2016 – July 2016

NB: All information correct at time of publication and can be found on the individual regulator’s websites.

Recent news relating to the Bar Standards Board (BSB), Financial Conduct Authority (FCA), Financial Reporting Council (FRC), General Dental Council (GDC), General Medical Council (GMC), General Pharmaceutical Council (GPhC), Health and Care Professions Council (HCPC), Institute and Faculty of Actuaries (IFoA), Nursing and Midwifery Council (NMC) and Solicitors Regulation Authority (SRA).

Amicie Knowles

8 July 2016

Appellant’s arguments fall flat in citing prejudice/bias by witnesses and the Panel

Johnson-Ogbuneke v General Medical Council [2016] EWHC 1474 (Admin)

30 June 2016

Shining a spotlight on the culture of financial services firms

In an interview with Anne Bruce for LexisLibrary and Lexis PSL, Andreas White, employment partner, and Julie Matheson, regulatory and professional discipline partner, say that real efforts have been made to implement cultural change in the complex financial services sector, but a raft of new regulatory reforms now need to bed in.

Andreas White

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