More than £60 million of client money went missing when Axiom Ince collapsed in October 2023. This analysis traces the SRA’s post-collapse consumer protection programme through its own consultation and response papers: the client money reforms now awaiting approval, the Compensation Fund decisions already taken, and the rules a client of a failed firm can rely on today.
A whistleblower has challenged the fairness and transparency of the Solicitors Qualifying Examination, calling for urgent reform and independent oversight.
The SRA’s handling of Axiom Ince reveals regulatory failures and troubling double standards in accountability.
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?
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.
