SSB Collapse: Independent Review Findings
The Solicitors Regulation Authority (SRA) failed to respond adequately to over 100 consumer reports during the SSB Group collapse, according to an independent review by the Legal Services Board (LSB).
The LSB, overseeing legal services in England and Wales, commissioned the review in April 2024 after the SSB Group's collapse.
- Two independent reviews found the SRA failed to act adequately in handling the SSB Group and Axiom Ince cases within 12 months.
The SRA's lack of clear leadership failed to protect consumers.
Author's summary: SRA failed to protect consumers due to lack of leadership.
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