SSB Collapse: Independent Review Finds SRA Leadership Failures
The Solicitors Regulation Authority (SRA) failed to respond adequately to over 100 consumer reports during the SSB Group collapse, an independent review by the Legal Services Board (LSB) found.
The review, commissioned in April 2024, examined the SRA's handling of events leading up to the collapse.
- The SRA received over 100 reports from consumers.
- Independent reviews of the SRA's handling of the SSB Group and Axiom Ince collapses found inadequate action.
No direct quotes available in the given text.
Author's summary: SRA failed to protect consumers due to lack of clear leadership.