Modern and effective regulation acting in the public interest Annual plan 2023-24
Between 1 November 2023 and 31 October 2024, we will provide modern and effective regulation acting in the public interest by carrying out the following activities:
We will commence the licensing of new legal services providers with alternative business structures.
We will improve our own processes, so conduct complaints are dealt with as efficiently and effectively as possible under the existing legislation.
We will work to deliver a modernised statutory regime for judicial factors in Scotland as the Judicial Factor (Scotland) Bill progresses through the Scottish Parliament.
We will promote and protect the public interest and ensure public trust in our regulation.
We will communicate and begin the process of implementing the decision of the UK Government regarding the Society's status as an anti-money laundering (AML) supervisor, while continuing to improve AML supervisory processes.
We will continue to work with the profession to explore viable alternative routes to qualification.