LSB approves SRA’s draft rules to separate COLP and COFA roles from owners

The Legal Services Board (LSB) has approved plans to separate the roles of compliance officers from senior managers and owners, in an addendum to Rule 8 of the Solicitors Regulation Authority (SRA) Authorisation of Firms Rules. In December last year the SRA published proposals to separate the roles of compliance officer for legal practice (COLP) […]