News releases

Licensing authority application decision

Approval granted

Charles Plant, Chair of the SRA Board, said:

"We are delighted that the application for the SRA to become a licensing authority for Alternative Business Structures (ABS) has been approved today by the Law Society Council.

"The SRA remains on track to receive applications from potential ABS from August, and to enable the first ABS to operate from 6 October.

"The application is the culmination of a determined effort by the SRA, working with consumer groups, the Law Society and other professional organisations, the Legal Services Board, and others to deliver a rigorous regulatory system which enables wider choice for consumers while preserving high professional standards. It demonstrates the SRA's ability to deliver a reformed regulatory system to a demanding schedule."

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