Outcomes Focused Regulation – are you ready

 

The introduction of Outcomes Focused Regulation (OFR) in October 2011 means the current detailed and prescriptive rulebook is replaced with a targeted, risk-based approach concentrating on the standards of service to clients.

The new SRA Handbook can be found on the SRA website (link below) http://www.sra.org.uk/solicitors/handbook/intro/content.page

Whilst we cannot advise our clients on the best approach to ensure systems, policies and procedures to support the new regulations, we have put together a couple of simple documents that take the key points from the new SRA handbook.

For a summarised view of the Business Management aspects under the new regulations, please click here.
For a summarised view of the SRA  aspects under the new regulations, please click here.