Super-regulator accepts prohibition of 'influence' could result in hampering legitimate criticism

The Legal Services Board (LSB) has launched a further consultation on proposed amendments to Internal Governance Rules (IGR) following an earlier consultation which prompted a number of objections for choosing wording that went beyond the requirements of the Legal Services Act 2007. 

In its 2018 consultation, the LSB sought to amend Rule 1 of the IGRs, which deals with frontline regulators’ overarching duties, proposing to stop designated bodies trying to “influence” their regulatory arms.

The LSB is now proposing to use the word “prejudice”, which it says “more closely reflects the terminology of Section 30 of the Act” – the provision which requires approved regulators to ...

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