The Institute of Chartered Accountants in England and Wales (ICAEW) approved regulator and licensing authority application
| Reference number | Application | Status (23 June 2016) | Decision Period | Documents | Decision |
|---|---|---|---|---|---|
| 2016/ICAEW | ICAEW applications to become approved regulator and licensing authority for the reserved legal activities of conduct of litigation; rights of audience; and reserved instrument activities relating to the service area of taxation; and the reserved legal activities of notarial services and oaths of administration | The LSB has now made its decision and has sent the recommendation to the Lord Chancellor: Recommendation to the Lord Chancellor Decision from the Lord Chancellor |
20 July 2016 to 19 July 2017 Schedule 4, 15(2) and Schedule 10, 13(1) of the Legal Services Act requires that the LSB must give a decision on an application being made to the Board. This can be extended to no more than 16 months (Schedule 4, 15(4) and Schedule 10, 13(4)). |
Synopsis Application Annexes 1-33 ICAEW Letter 20 December 2016 The letter notifies the LSB of changes to the proposed ICAEW Legal Services Regulations in respect of authorisation of litigation and rights of audience, as well as technical amendments in respect of the First-tier-Tribunal. There are also changes to the Compensation Scheme regulations. The revised regulations are provided below. Amended Legal Services Regulations Amended Legal Services Compensation Scheme Regulations Further information received: Correspondence from The Notaries Society and The Society of Scrivener Notaries Mandatory consultation: Advice from the Legal Services Consumer Panel Advice from the Competition and Markets Authority Advice from the Lord Chief Justice ICAEW representations in response to advice Letter from the Interim Chair, LSB to the Lord Chief Justice |
The LSB is granting the applications. For more information please see our Decision Notice and Annex 3: Regulatory Arrangements |