Solicitors Regulation Authority (SRA)
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A Solicitors Regulation Authority (SRA) is a regulatory body that oversees solicitors and law firms in England and Wales.
- AKA: SRA.
- Context:
- It can regulate Legal Practice through regulatory frameworks.
- It can enforce Professional Standards through compliance monitoring.
- It can protect Public Interest through regulatory oversight.
- It can maintain Service Quality through practice requirements.
- It can ensure Professional Conduct through disciplinary actions.
- ...
- It can (often) facilitate Professional Development through training requirements.
- It can (often) provide Practice Guidance through regulatory advice.
- It can (often) implement Risk Management through compliance assessments.
- It can (often) support Consumer Protection through complaint handling.
- ...
- It can range from being a Standard Setting Body to being an Enforcement Authority, depending on its regulatory role.
- It can range from being a Practice Monitor to being a Disciplinary Authority, depending on its intervention level.
- ...
- It can integrate with Legal Education for qualification standards.
- It can connect to Legal Service Board for oversight compliance.
- It can support Professional Insurance for indemnity requirements.
- ...
- Examples:
- SRA Evolutions, such as:
- SRA (2024), implementing AI regulation framework.
- SRA (2019), launching Standards and Regulations.
- SRA (2011), becoming independent regulator.
- SRA (2007), establishing as regulatory body.
- SRA Functions, such as:
- SRA Initiatives, such as:
- ...
- SRA Evolutions, such as:
- Counter-Examples:
- Law Society of England and Wales, which serves as a representative body rather than a regulator.
- Bar Standards Board, which regulates barristers instead of solicitors.
- CILEx Regulation, which oversees legal executives rather than solicitors.
- See: Legal Regulator, Professional Body, Regulatory Authority, Legal Service Oversight.