Barrass to leave SRA for Gibraltar post

Topics: Regulation and compliance

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  • Samantha Barrass

The Solicitors Regulation Authority has suffered its second high-profile loss in the space of four months with the resignation of executive director Samantha Barrass.

Barrass (pictured) has been appointed chief executive of the Gibraltar Financial Services Commission and will leave the SRA in February.

Her departure comes on the back of SRA chief executive Antony Townsend announcing his intention to leave his post in May. A successor for his role has yet to be announced.

The commission is the financial services regulator in Gibraltar, so Barrass will be returning to financial services having joined the SRA in 2009 from a career in the UK financial services sector. 

During her time at the SRA, Barrass has been at the forefront of the SRA’s high-profile reform of legal services regulation.

Townsend said: ‘I am particularly grateful to Samantha for her leadership in implementing outcomes-focused regulation and the framework for our licensing of ABSs [alternative business structures].

‘In addition, the development of our risk-based approach to regulation has been constant throughout her career here; first in her work with the risk centre and now through her leadership of the R-View change programme. I wish her every success in her new role.’

Readers' comments (6)

  • We can be confident that both are leaving the SRA and the profession in fine condition.

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  • That is a real shame as she is more "human" than most regulatory spokespeople, but I can see that Samantha might enjoy Gibraltar as much for its climate, as also even for more enjoyable employment.

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  • Yes but will the Spanish let her in

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  • She goes with a record of fine achievement-

    FSA failed to regulate financial service industry properly

    SRA destroyed small law firms whilst incompetently regulating large ones

    in other words par for the course with our "managerial" class.

    For those who may be interested the LSE website has an excellent article by Professor Ron Amann in which he illustrates the similarities between modern Britains obsession with targets and other management fantasies, and the management system of the USSR.

    Frightening stuff, and all too true.

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  • "Loss "implies that these people had some value and will be missed, good riddance. Gibralter gets a professional quangoite that has never had a real job, the problem is she will be replaced by another quangoite. At least the newcomer can busy themselve with the R-View change programme, lucky us, all that "leadersahip" to look forward to.

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  • As we are not permitted to comment in the other thread, I will post here instead.

    It is a travesty that whilst other professions look to their SRA equilent organisations for protection, Solicitors look with horror and feel failed by the SRA. Her leaving will hopefully allow someone else to try to reduce the damage Ms Barrass and her staff have inflicted.

    Tough break Gibraltar.

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