LSB launches regulatory performance consultation

The Legal Services Board (LSB) launches a consultation on the proposed revised regulatory performance assessment process.
Legal Services Board Chief Executive Neil Buckley said:

“The LSB’s work to hold legal services regulators’ to account for their performance is key to delivering public confidence in legal services and is a core statutory function.
Through it, we drive improvement in the eight regulators’[1] performance and encourage them to become more effective and efficient.
We have engaged extensively with regulators and from this we have identified four elements of the framework where improvements can be made: standards, evidence gathering, assessment and grading.
We are inviting views from anyone with an interest in this issue. We are seeking responses on whether the elements, and the framework as a whole, are fit for purpose, and will achieve the intended aim of effective scrutiny and oversight of the regulators’ performance.”

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