SRA Chair Apologizes for SSB Failings
The Solicitors Regulation Authority (SRA) has apologized for failing to identify warning signs that SSB Law, a cavity wall claims firm, was in trouble.
‘We are sorry that we did not act more quickly in relation to SSB, and that issues in our handling contributed to the harm and distress suffered by the many vulnerable consumers affected.’ - Anna Bradley, SRA Chair
The Law Society has called for 'wholesale change' at the frontline regulator. Despite the apology, SRA Chair Anna Bradley has rejected calls to resign, following a second damning report from the Legal Services Board in a year.
Author's summary: SRA apologizes for SSB failings.