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View from the Regulator. George Kidd Lay Member of the Council Council for Licensed Conveyancers. Recognise this line?. Do you recognise these?. The Regulated C ommunity. 216 entities Over 2000 individuals Over 650 students in pipeline. Continued change. Legal Services Act 2007
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View from the Regulator George Kidd Lay Member of the Council Council for Licensed Conveyancers
The Regulated Community 216 entities Over 2000 individuals Over 650 students in pipeline
Continued change Legal Services Act 2007 Stalled liberalisation? New powers for the CLC
Fraud and risk Non-payment of SDLT Financial viability Holistic view of practices
Lenders’ panels Understandable lenders want to manage risks Must be done: • Fairly • Effectively • Without restraint on trade/double regulation
Managing boom and bust What did we see after 2007 What happens when the bubble bursts this time?
Questions CEO@clc-uk.org @CLConveyancers