All Axiom Ince articles – Page 2
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NewsFull cost of Axiom Ince investigation revealed for the first time
Final cost of LSB probe comes in much higher than initially estimated.
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OpinionEnsuring the regulator is properly regulated
The SRA is in danger of losing the trust and confidence of the entire profession. How can proper regulation take place in such circumstances?
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OpinionBulldog spirit
Does the storied demise of Axiom Ince sound the death knell for the client account?
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NewsIn depth: SRA compliance conference was exquisitely timed
In the wake of the LSB’s Axiom Ince report and with a consumer protection shakeup in the offing, the SRA’s compliance conference could not have been better timed.
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OpinionA regulator in denial
The SRA provided a bellicose response to last week’s lacerating Axiom Ince report.
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OpinionSRA wants profession to move on from Axiom Ince - but won’t apologise
The regulator chair’s argument that issues are 'history' will infuriate those waiting for answers.
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NewsSolicitors braced for potential changes to client account
SRA planning to open consultation next week in response to consumer protection review.
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NewsSRA chair says Axiom Ince issues are 'history for us'
Chief executive Paul Philip admits Axiom Ince debacle ‘damaged trust’ – but not as badly as the Post Office scandal.
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OpinionDoing the right thing
What happens if a regulator which has been publicly exposed does not respond in the way in which it expects those whom it regulates to behave?
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NewsIn depth: Axiom Ince report makes grim reading for defiant SRA
Last week’s report into the SRA’s actions before shutting down Axiom Ince is a catalogue of omissions and missed opportunities. Will an aggressively expansionist – and unrepentant – regulator choose to learn any lessons?
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NewsWaiting game
Chronology in last week's Axiom Ince report provides intriguing hints about why it all took much longer than expected.
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NewsBan for ex-Axiom Ince employee who transferred £54.5m from bank account
SRA also imposes section 43 order on a second employee, for doctoring bank statements and misleading forensic investigators.
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OpinionSRA must accept need for radical change in light of Axiom report
Axiom report should be a wake-up call to the regulator to focus on its core role to serve the public interest and protect consumers from rogue individuals.
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NewsAxiom Ince: What the independent review recommends
Carson McDowell review into regulatory events leading up to SRA’s intervention into Axiom Ince culminates with four pages of recommendations.
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NewsAxiom Ince report: What the SRA knew - and what it failed to do
In its response, the SRA seizes on one sentence of praise in an 11-page summary. The rest details a catalogue of failures.
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NewsAxiom Ince: SRA botched previous investigation
Forensic investigators were not required to check client account balances with bank, independent review reveals.
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OpinionHubris, nemesis: it’s time for the SRA to stop empire-building and rebuild trust
The long-awaited report on the SRA’s handling of Axiom Ince ahead of the firm’s closure is lacerating.
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News'A lot in the report that we don’t agree with' - SRA statement in full
Regulator’s response to Legal Services Board’s review of events leading up to the intervention into Axiom Ince.
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News'LSB must insist the SRA puts its house in order': Law Society statement in full
Atkinson: 'A vivid picture of the SRA’s inadequate and ineffective handling of Axiom'.
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NewsAxiom Ince - SRA faces enforcement action
LSB finds regulator 'did not act adequately, effectively and efficiently' in 2023 collapse, causing 'significant consumer detriment'. The SRA disagrees.
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