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Why is the SRA hell-bent on giving commercial advantages to unregulated entities at the expense of (what they so lovingly call) us in the ' regulated community'?

The end-game of all of this is that firms conducting non-regulated work may as well give up being firms of Solicitors, become wholly non-regulated, save on SRA fees and Compo Fund payments, but at the same time pass all 'regulatory risk' onto the poor individual regulated Solicitors they will employ.

BTW - Why would these companies need to apply to the SRA to hold any client money? What does this have to do with the SRA?

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