The APPG’s damning report unveils systemic failures at the FCA, calling for urgent reforms to address cultural dysfunction and restore trust in UK financial regulation.
The SRA’s failures in overseeing Axiom Ince have left the legal profession footing the bill for regulatory incompetence, with its leadership refusing to accept responsibility.
A forthcoming APPG report reveals significant concerns about the FCA’s oversight of major scandals and its cultural dysfunction.
The SRA’s systemic failures highlight its inability to combat economic crime, raising the question: is it time to dismantle and rebuild our legal regulatory framework?
The UK’s regulatory bodies are relics of a bygone era, built on flawed foundations and unfit for a modern society. Reform isn’t the answer; these institutions must be dismantled and rebuilt from the ground up, with transparency, accountability, and public oversight at their core. Without a radical overhaul, public trust will continue to erode, and justice will remain out of reach for many.
An open letter demanding urgent reform of the Solicitors Regulation Authority due to repeated regulatory failures.
Rights of Women has called on regulators to address unethical legal practices that exploit vulnerable litigants in person, urging stricter oversight to ensure fairness and access to justice, particularly in family court proceedings.
The SRA’s recent imposition of over £57,000 in fines for AML breaches across five law firms signals a step towards stricter enforcement, but without significant penalties and proactive regulation, compliance will remain a manageable risk rather than a priority.
A new judicial exemption under the Data Protection Act 2018 limits access to judges’ notes, quietly curbing transparency and sparking debate on fairness and accountability.
The Solicitors Regulation Authority (SRA) faces growing allegations of receiving backhanders and favouritism, failing to regulate solicitors effectively. Public trust is at an all-time low, sparking widespread outrage and urgent calls for reform.
