Compliance Committee
Members
Terms of reference
- To advise the board on how the principles of risk-based and proportionate regulation may be developed and applied across the range of compliance issues
- To exercise oversight of and advise the board on all matters within the board's terms of reference relating to regulatory compliance, including
- investigation of conduct and regulatory issues
- approvals of regulatory applications
- imposition of practising certificate conditions
- internal sanctions and warnings
- monitoring of practice standards
- forensic investigations
- fraud intelligence
- risk management
- Solicitors Disciplinary Tribunal proceedings
- interventions
- litigation arising from compliance casework and decisions
- costs recovery
- assessment of particular regulatory risk arising from the implementation of alternative business structures
- effectiveness of rules and proposals for amendment
- To monitor and provide periodic reports to the board on the adequacy of the arrangements for ensuring that casework decisions relating to matters falling within (2) made by the adjudication panel, external or internal adjudications and staff are of appropriate quality and consistency
- To oversee the setting of and monitoring of progress against the targets agreed with the Legal Services Complaints Commissioner, insofar as they relate to casework within the terms of reference of the board, and any other operational or financial targets which the board may set for the regulatory compliance operation
- To set policy and issue guidance on compliance casework practice and procedures, in order to give effect to the board's overall objectives
- To liaise with the Consumer Complaints Board and with the adjudication panel on matters of common interest, reporting to the board as necessary
Meetings and public documents
