Report comment

Please fill in the form to report an unsuitable comment. Please state which comment is of concern and why. It will be sent to our moderator for review.

Comment

looking at the 2007 Code vs the present Code and the proposed amendments the 2007 regime provided clarity, certainty and allowed for practical implementation of the Code without expending huge amounts of time & effort decoding management gobbledygook.

Although I am in a dark and cynical mood today I do not think it unreasonable to suggest that all the proposed changes will achieve is the expenditure of large amounts of money on expensive consultants at the SRA, firms wasting enormous amounts of time and effort in reviewing policies and procedures so as to 'demonstrate compliance' and the net benefit to the public or profession will be both minute and ephemeral.

it's not as if teeming & lading will be any harder under the new code, whether back to back sales and mortgage fraud will become the subject of historians and so on and so on.

I do not doubt the integrity of the SRA or their genuine intent to provide a robust regulatory regime to protect the public and so on, but I do wonder who is dripping this errant nonsense in their ears and why there is the desire to move away from a rule based structure?

Your details

Cancel